Retail premises for sale in High Street, Leighton Buzzard LU7, £255,000
255,000.00
Offer Nr.:
65101796
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Blue Alpine Partners
Phone(s):
020 3641 9157
Email:
* Virtual Freehold Retail Investment
* Comprises ground floor shop t/a mobile phone shop
* Let until 2032. Rpi linked rent review in 2027
* Nearby occupiers include PostOffice, Halifax, Argos, Subway, Waitrose and more.
Investment Consideration:
Gross Initial Yield: 6. 86%
Rental Income: £17, 500 p. a.
VAT is not applicable to thisproperty
Comprises ground floor retail shop
Town centre location within 10 minute walk to Leighton Buzzard train station
Nearby occupiers include Post Office, Halifax,Argos, Subway, Waitrose and
more.
Property Description:
The property comprises ground floor retail shop with shared WC and provides
the following accommodation anddimensions:
Ground Floor: 52 sq m (560 sq ft)
2 Rooms, Storage, Shared WC
Tenancy:
The property is at present let to Gadget and Roses Ltd (with personal
guarantee) fora term of 10 years from 22nd November 2022 at a current rent of
£17, 500 p. a. And the lease contains full repairing and insuring covenants.
Rent review linked to rpion 25. 11. 2027. Tenant option to determine on
25. 11. 2027 with minimum 6 month`s notice. Deposit held of £4, 375.
Tenure:
Long Leasehold. Held on a 999 Year leasefrom 24th May 2023 at a ground rent
of peppercorn.
Location:
Leighton Buzzard is a market town in Bedfordshire, England, near the Chiltern
Hills, between Aylesbury,Tring, Dunstable and Milton Keynes 36 miles
northwest of Central London, and linked to the capital by the Grand Union
Canal and the West Coast Main Line to London Euston.The town is close to the
M1 motorway and A5 road, and is served by Southern and London North - western
Railway services on the West Coast Main Line railway at LeightonBuzzard
railway station (in Linslade). The railway operates non - stop commuting
services to Euston railway station, with the fastest peak journey times less
than 30minutes. The property is located within 0. 6 miles to Leighton Buzzard
Train station, which provides direct services to London Euston in less than 30
minutes. Nearbyoccupiers include Post Office, Halifax, Argos, Subway,
Waitrose and more.
* Comprises ground floor shop t/a mobile phone shop
* Let until 2032. Rpi linked rent review in 2027
* Nearby occupiers include Post
Investment Consideration:
Gross Initial Yield: 6. 86%
Rental Income: £17, 500 p. a.
VAT is not applicable to this
Comprises ground floor retail shop
Town centre location within 10 minute walk to Leighton Buzzard train station
Nearby occupiers include Post Office, Halifax,
more.
Property Description:
The property comprises ground floor retail shop with shared WC and provides
the following accommodation and
Ground Floor: 52 sq m (560 sq ft)
2 Rooms, Storage, Shared WC
Tenancy:
The property is at present let to Gadget and Roses Ltd (with personal
guarantee) for
£17, 500 p. a. And the lease contains full repairing and insuring covenants.
Rent review linked to rpi
25. 11. 2027 with minimum 6 month`s notice. Deposit held of £4, 375.
Tenure:
Long Leasehold. Held on a 999 Year lease
of peppercorn.
Location:
Leighton Buzzard is a market town in Bedfordshire, England, near the Chiltern
Hills, between Aylesbury,
northwest of Central London, and linked to the capital by the Grand Union
Canal and the West Coast Main Line to London Euston.
M1 motorway and A5 road, and is served by Southern and London North - western
Railway services on the West Coast Main Line railway at Leighton
railway station (in Linslade). The railway operates non - stop commuting
services to Euston railway station, with the fastest peak journey times less
than 30
Train station, which provides direct services to London Euston in less than 30
minutes. Nearby
Waitrose and more.
Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)
