TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON20th April 2020
The property provides a former ground, first and second floor retail unit which has recently been refurbished to provide an attractive ground floor shop with upper parts which has been converted to residential.
The first floor has been sold on a new long lease, £200 per annum ground rent. The second floor two bedroom flat let for a term of 1 year from 26/05/2019, paying a rent of £10,200 per annum.
The ground floor lease has been assigned to Phoenix Vapes Ltd until 18/05/2027, paying a rent of £25,000 per annum exclusive. ( Agency Pilot Software Ref: 738 )