TYPERetail - High Street, Other, Retail, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON30th August 2024
Description
Two ground floor retail units with ground rents to first floor flats. 43 High Street - Let to Deli on a 10 year full repairing lease expiring on 1st March 2034. Passing rent £18,000 pa subject to review upward only linked to CPI every second year with a collar of 2% and a cap of 5%. 45 High Street - Let to Homes on Web on a 5 year full repairing and insuring lease expiring 31st October 2026. Passing rent £14,500 pa subject to review as of 1st November 2024. 6 St Johns Terrace - Tenant to be confirmed. Licence to Occupy. Monthly rent £350. Ground rents in respect of Flats 2, 4, 8 and 10 with 106 years remaining at peppercorn.