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The property comprises a high yielding retail investment with evident value-add/asset management potential.
Arranged as a ground floor retail unit, the property is let to a Private Individual t/a Dragonzlair on a 10 year lease expiring 21.06.2032 and paying £18,000 per annum.
We understand the tenant is in arrears, offering asset management potential via recovery.
The property occupies a prominent position set within an award winning residential development. The property therefore comprises the nearest retail amenity to a number of new homes, as well as a Unite student accomodation block with 1,106 beds.
Tenure
Leasehold - 999 Year Lease - Peppercorn Rent
Rent