324 sq. ft (30.1 m²)
Key features
- Lock up retail shop investment
- Income generating £9,000 per annum
- Ideal SIPP investment
Description
No. 14 is a lock up retail unit equating to approx. 324 sq ft trading as Holy Cow, which is an independent ice cream parlour with a supplementary food and drink offering. Holy Cow have been in occupation for 10 years; their current lease runs from 16th February 2025 for a term of 5 years with a mid-term tenant only break and a passing rent of £9,000 per annum exclusive.
The Head Lease of No.14 is what is available to be purchased, which enables the property to be held in a SIPP. The Lease is dated 5 April 2016 for a term of 150 years, therefore expiring 3 April 2166, with a ground rent payable annually of £200.
A copy of the Head and occupational Lease is available upon request.
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