An exciting riverside investment opportunity to acquire three leasehold ground floor retail units all being let and which form part of this attractive town centre period property.
Due to the popular location the shops enjoy good footfall and this is reinforced by the longevity of the tenantsí occupations and by virtue of the established professions that have traded from these premises for decades.
Main retail area and office.
Let on a 15 year lease from 24th October 2003 at a current rental of £5,900 per annum.
Billy Buns Bakery
Let on a 9 lease from 30th March 2017 at a current rental of £9,450 per annum.
Retail area and two storage areas.
Let on a lease expiring 3rd July 2019 at a current rental of £8,000 per annum.
Auctioneer's Note 1
At the time of publication the Auctioneers have been unable to internally inspect the property. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.
Auctioneer's Note 2
For information relating to the rateable values and other available data go to www.tax.service.gov.uk/view-my-valuation/search and enter the postcode for the property into the appropriate search field.
Remainder of an 80 year lease dated 21st February 2006 with a peppercorn ground rental.
The map and satellite images are based on postcode information and are available for for directions only. The may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.