TYPEMixed Use, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON11th August 2020
Freehold Investment for sale
The ground floor A1 Delicatessen has been let out on a Full Repairing and Insuring Lease for a term of ten years from 22/07/2019 at a rental of £12,000 pax, payable monthly in advance. The Lease is subject to three yearly rent reviews, and is held outside the Security of Tenure and Compensation Provisions of the Landlord and Tenant Act 1954 (as amended).
The first floor self-contained maisonette is accessed via a side alley, and is let out on an Assured Shorthold Tenancy for a period of 6 months from 01/09/2020, expiring 28/02/21 at a rental of £1,425 per calendar month.
The premises benefits from a rear garden, which is accessed via a side alley. ( Agency Pilot Software Ref: 327 )