Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a freehold asset management opportunity occupying a prominent pitch on a popular parade.
Arranged as a ground floor retail unit with residential upper parts (sold off on a long leasehold), the property is offered with vacant possession to the ground floor and would be suitable for a variety of occupiers.
We consider the property offers evident asset management potential via letting of the ground floor. This space was previously let to William Hill at a rent of £18,000 per annum and the property therefore presents an opportunity to create a high yielding investment.
The upper parts are sold off on a long leasehold expiring 09.11.2146 (120 years unexpired) at a ground rent of £50 per annum.
The property occupies a prominent pitch occupying a popular parade fronting Long Lane, an arterial route which serves as the pricnipal retail amenity for the surrounding residential area.
Tenure
Freehold