Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding investment let to Coral, a long standing tenant, on a recently renewed lease.
Arranged across ground floor only, the property is let to Ladbrokes Betting and Gaming Limited (trading as Coral) on a recently renewed five year lease expiring 24.03.2029 and paying £8,200 per annum. The tenant is a long standing occupier of 15+ years.
The property occupies a prominent pitch on Front Street, the principal retail amenity for Leadgate, and adjacent to a Co-op supermarket, the main grocery amenity for the area. The property therefore benefits from strong local footfall.
Tenure
Leasehold - 999 Year Lease from 2011 - Peppercorn Rent
Tenancy
The property is let to Ladbrokes Betting and Gaming Limited (trading as Coral) on a recently renewed five year lease expiring 24.03.2029 and paying £8,200 per annum.
Rent