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The property comprises a high yielding retail investment opportunity forming part of a popular local parade.
Arranged across ground floor only the property is currently used as a barbers and is let to Yilmaz Barber Limited on a seven year lease expiring 31.08.2030 and paying £7,200 per annum.
The lease is on full repairing and insuring terms and includes a personal guarantor. We understant a rent deposit of £1,500 is held.
The property occupies a prominent pitch in the centre of a popular local parade, which forms some of the principal retail amenity for the surrounding residential area. The parade is characterised by local retailers, with the principal grocery amenity, a coop supermarket, being immediately opposite.
Tenure
Leasehold - 999 Year Lease at Peppercorn Rent
Rent