Sold Prior
- Retail Property (high street)
- Tenure: Leasehold. The property will be held on a new 999 year lease at a peppercorn ground rent.
Call the team on 020 7625 9007 for more information
A Commercial Investment Comprising a Ground Floor Retail Unit Subject to a Lease Producing £10,000 Per Annum
The property comprises a ground floor retail unit situated within a mid terrace building arranged over ground and three upper floors.
Tenure
Leasehold. The property will be held on a new 999 year lease at a peppercorn ground rent.
Location
The property is situated on a mixed use road close to local shops and amenities. Nearby multiples include Boots, Three and One Stop. The open spaces of Marlborough Garden are within easy reach. Transport links are provided by Nafferton rail station.
Accommodation
Ground Floor Retail Unit - G.I.A Approximately Measuring 55 sq m (593 sq ft) WC's
Tenancy
The property is subject to a FRI Lease for a term of 15 years commencing 10th July 2018 at a rent of £10,000 per annum. No further break clauses and July 2023 rent review outstanding.
Energy Efficiency Rating (EPC)
Current Rating C
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.
