Withdrawn
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £13,200 Per Annum Reflecting a Gross Initial Yield of 11% (Rising to £18,000 in 2027 Which Will Reflect a Gross Initial Yield of 15%)
The property comprises a mid terrace commercial unit arranged over ground and first floors.
Tenure
Freehold
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of West End Park are within easy reach. Transport links are provided by Fitzwilliam rail station.
Accommodation
Ground Floor Commercial Unit G.I.A. Approximately 581 sq ft First Floor Ancillary Space G.I.A. Approximately 541 sq ft
Tenancy
The property is subject to an FRI lease for a term of 5 years commencing 2022 at a rent of £12,000 per annum, rising by £1,200 every year.
Current Rent Reserved
Current Rent Reserved £13,200 per annum
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 - Purchasers will be required to pay an administration fee of £1,800 inc VAT
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.
Floor Plans
Click the image to view the full-sized floorplan.
