Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment let to an established local takeaway on a new 15 year lease.
Arranged across ground floor only the property comprises a retail unit let to Private Individuals t/a Master Grill on a new 15 year lease expiring 14.04.2040 and paying £12,500 per annum.
The property forms part of a popular local retail parade located in the affluent town of Sevenoaks and forms part of the principal retail amenity for the surrounding residential area. A nearby Londis provides the principal grocery amenity for the area and therefore the parade benefits from high footfall.
Tenure
Leasehold - New 999 Year Lease - Peppercorn Rent
Tenancy
The property let to Private Individuals t/a Master Grill on a new 15 year lease expiring 14.04.2040 and paying £12,500 per annum.
The lease is on full repairing and insuring terms and includes open market, upward only, rent reviews every 5th year.
Rent