Investment for sale

21 - 23 The Broadway is arranged over ground, first and part second floor. The building constructed of brick with a pitched tiled roof.
The ground floor comprises modern ground floor retail unit with the upper floors converted to residential accommodation
To the rear of the building there are 4 parking spaces with a further 7 parking spaces located within the Oxford Square private car park
The Residential Upper Parts are sold off on long leases of 125 years from 1/1/2013 with ground rents payable of ｣200 per annum each
The ground floor is let to Roderick Anthony Limited for a term of 10 years from the 1st April 2024. The rent currently payable is ｣24,000 per annum exclusive but this rises to ｣25,000 in April 2027 with a rent review in 2029. The tenant has been in occupation since 2013.
5 Parking spaces are rented out to local companies producing ｣5,100 per annum exclusive.
The total income is currently ｣29,700 per annum exclusive rising to ｣30,700 per annum exclusive in April 2027.