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Three ground floor retail units occupying a prominent corner location. Two shops are let to a private individual t/a a clock shop on a 5 year lease expiring 28/02/29 and the other shop is vacant. Investment let £6,000 p.a. (12% GIY on Guide price) (Plus vacant GF retail unit).
Tenure
Leasehold - 999 year lease commencing on 16/07/1976
Accommodation
Shop 1 - Approx. 300 sq ft (27.95 sq m)
Shops 2&3 - Approx. 475 sq ft (44.1 sq m)
Total GIA - Approx 775 sq ft (72.05 sq m)
Tenancy
Shops 2 & 3 are let subject to a 5 year lease dated 14 March 2024. The Term begins from 25 March 2024 and expires on 28 February 2029. Investment let at £6,000 per annum. Shop 1 is being offered with vacant possession.
Rent