Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a retail shop and self contained flat, arranged over ground and first floors. The shop fronts the parade, accessed from Catcote Road, the flat benefits from its own access, to the rear of the property along Walpole Road. The shop provides an open plan layout, finished to a good specification, including suspended ceiling tiles, recessed lighting panels and a carpeted floor, in addition staff welfare facilities.
Tenure
Freehold.
Accommodation
Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Ground Floor: 1,125 sq.ft. (104.55 sq.m)
First Floor: 872 sq.ft. ( 81 sq.m)
Total: 1,997 sq. ft. (185.55 sq.m)
Tenancy
The ground floor is let Coral Racing Limited, which in turn have sublet to Alice House Hospice. The lease runs until 02 February 2027 at a passing rent of £12,500 per annum. Terms have been agreed directly with Alice House Hospice to take a new 10 year lease with a break option at the 5th anniversary.
The first floor self contained flat is let in an assured shorthold tenancy at £5,500 per annum.
Current total rental income is £18,000 per annum
Rent