TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON4th June 2024
Description
The premises comprises a retail unit, which is belived to have been constructed in the 1960's and is currently occupied by Savers Health and Beauty. The ground floor has been fitted to a high standard throughout. The first floor provides ancillary accommodation, including staff room and WC's. A parking area exists at the rear of the property for up to two vehicles. This is accessed via West Street and a small walkway exists to the side of the property linking West Street to the High Street.
The property is let to Savers Health and Beauty Limited for a term of 10 years from 8th February 2021. The rent is currently £50,000 per annum and there is a tenant only break option on 8th February 2026 operable with a minimum of six months' prior written notice. There is an upwards only rent review on 8th February 2026. ( Agency Pilot Software ref: 1281 )
