ADDRESSThe Broadway, St. Ives, Cambridgeshire, PE27 5BX
TYPEGeneral Retail, Other, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON23rd September 2024
Description
The shop benefits from a double fronted open plan retail area, fitted with spotlights. The internal accommodation provides a sales area to the front with a kitchen and WC to the rear. The shop was provided with a shell finish. The property is understood to be Grade II listed.
The property is let to a local covenant for use as a bakery. The lease was for 5 years from 20 June 2024 upon effective FRI terms.
The lease is to include a tenant break option at the end of the third year. Tenant is paying £12,000 pa. ( Agency Pilot Software ref: 3017110 )