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Sold
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The property comprises a high yielding retail investment forming part of a high footfall local parade.
Arranged across ground and first floors, the property is fully let to Papa John's (GB) Limited t/a Papa John's on a 15 Year Lease expiring 26/11/2034 and paying £7,500 per annum.
The lease is subject to a break clause on 27.11.2029.
The property occupies a prominent pitch and forms part of a popular local parade. The parade enjoys low levels of vacancy and high levels of footfall due to a number of large residential blocks in the area. The property also benefits from a prominent frontage to the busy Bath Road, and benefits from a nearby pedestrian overpass, further adding to footfall.
Tenure
Leasehold - Approx 69 Years Unexpired - Please Consult the Legal Pack
Tenancy
The property is fully let to Papa John's (GB) Limited t/a Papa John's on a 15 Year Lease expiring 26/11/2034 and paying £7,500 per annum.
The lease is on full repairing and insuring terms and is subject to a break clause on 27.11.2029.
Papa John's (GB) Limited
Rent