*Guide | £155,000 - £175,000 (plus fees)
- Retail Property (high street)
Call the team on 024 7652 7789 for more information
Unique investment opportunity. Tenanted retail unit (bridal shop) within a popular town location, with current rent payable £15,000 p.a. (+VAT) with future potential to increase (by agreement and extension to current lease). Leasehold with 969 years remaining, an effective Freehold. Well presented property with a well established Tenant in situ.
ACCOMMODATION
Retail area: 45 ft 5 in max x 28 ft 7 in max Office W.C. Kitchen Rear access.
OUTSIDE
On street parking within the village.
SERVICES AND HEATING
Mains electricity, water and sewage are supplied to the property. (No tests have been carried out and we are therefore unable to confirm connections.) Electric central heating.
EPC RATING - B
TENURE
Leasehold subject to Lease. Term: 999 years from 29/09/1996 Service charge: £580 per quarter Service charge period: 01/07/2026 - 30/09/2026 Ground rent: Nil
LEASE
Term: 5 years Commenced: November 2024 (3 year break) Rent payable: £15,000 p.a. + VAT
ADDITIONAL COSTS
Administration Fee: £1,440 (£1,200 plus VAT) Buyer's Premium: £1,440 (£1,200 plus VAT) Please see the legal pack for any further costs
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - these fees are included in the above sales particulars.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
