Withdrawn
- Retail Property (high street)
- Tenure: Leasehold. The property will be held on a 999 year lease from completion.
Call the team on 020 7625 9007 for more information
Two Ground Floor Retail Units Fully Let Producing £17,900 Per Annum (Reflecting a Gross Initial Yield of 10.5%)
The property comprises two ground floor retail units situated within a shopping centre arranged over ground and first floors.
Tenure
Leasehold. The property will be held on a 999 year lease from completion.
Location
The property is situated within a shopping centre close to local shops and amenities. The open spaces of Hills & Hollows are within easy reach. Transport links are provided by Grantham rail station.
Accommodation
Ground Floor Unit 8 Retail Unit G.I.A. Approximately 1,780 sq ft Unit 9 Retail Unit
Tenancy
Unit 8 is subject to a lease to Dipendra Khati for a term of five years commencing 15th January 2024 at a rent of £8,400 per annum. Unit 9 is subject to a lease to Mr Ousman Secka t/a Klug Cosmetics for a term of three years commencing 24th October 2022 at a rent of £9,500 per annum.
EPC Rating
Unit 8 - E Unit 9 - 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 £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
