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Sold
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The property comprises a ground floor retail unit forming part of a popular local parade.
The property is let in its entirety to William Hill Organization Limited on a new 15 year lease producing £15,000 per annum. The lease includes 5 yearly rent reviews linked to the Consumer Price Index (CPI). The upper parts have been sold off on a long leasehold basis.
The property forms part of a popular local retail parade in Codsall on the outskirts of Wolverhampton.
Tenure
Freehold
Tenancy
The property is let to William Hill Organization Limited on a new 15 year lease paying a rent of £15,000 per annum. The lease includes five yearly rent reviews linked to the Consumer Price Index (CPI) with a "cap and collar" of 5%-10%.
There is a tenants break option in the 10th year of the lease.
The upper parts have been sold off on a long leasehold basis.
Rent