1711 sq. ft (158.96 m²)
Key features
- Prime Retail Investment
- Prime town centre location
- 185.84 sq. m. (1,710 sq. ft.)
- Let until April 2030
- Passing rent £10,000 per annum
- Offers over £95,000
- Net Initial Yield 10.34%
Description
Internal accommodation comprises the following:
Retail area
Staff office
Storage
Staff WC
Kitchen
The property is currently let to Semi Chem on a full repairing and insuring terms for an initial 5-year lease subsequently extended and due to expire on 10th April 2030 with a tenant break option on 11th April 2028. The passing rent is £10,000 per annum.
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Substantial Funeral Director Investment | Held on 15yr FRI Lease Lease Increasing to �47,000p.a. in 2026 | Fixed Compounded Rent Reviews