Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment let to a popular local hairdressers and occupying a prominent corner pitch.
Arranged across ground and first floors, the property is let to a private individual on a lease expiring 21.10.2031 and paying £9,000 per annum. The lease is a renewal of a previous lease, displaying confidence in the location, with the tenant having been in occupation since 2017.
The property occupies a prominent corner pitch with a frontage to New Park Street, a principal arterial route benefitting from high footfall. The property also benefits from a return frontage to Couch Lane. The surrounding area is characterised by a number of boutique and local retailers.
Tenure
Leasehold - 150 Years from 2017 - Peppercorn Rent
Tenancy
The property is let to a private individual on a lease expiring 21.10.2031 and paying £9,000 per annum.
The lease is on full repairing and insuring terms and is a renewal of a previous lease, with the tenant having been in occupation since 2017. The lease includes a tenants break option 01.10.2027.
Rent
Notes