* Freehold
* Freehold Commercial Investment
* Passing Rent of £18, 000pa
* Rent rising to £20, 000pa then £22, 000pa
* Planning approved in 2021 for redevelopment
A freehold single storey commercial unit currently used as a café and cycle
studio. The property is let on a 7 year lease from June 2022 at a rent of
£18, 000pa rising to £20, 000pa in June 2027 and £22, 000 in June 2028. Planning
was approved in 2021 under application number lw/20/0375 for demolition of the
existing building and construction of a shop, 1 x 2 bedroom flat and 3 x 1
bedroom flats. Buyers should make their own enquiries as to the existing use
class and future changes of use.