Property Description

Ideal investment opportunity to acquire the freehold for three units, all currently trading and bringing in an income of £26,000 per annum, converting to an impressive yield of 13.4% based on the current guide, this is proposed to increase at the end of June 2025.

Unit 1 - Aquaculture shop

Being renewed for 15 years, rent will rise to £10,600 plus VAT from 15th June, 5 yearly rent increases capped at 10% etc.

Unit 3 - Drop the beat dance studio

10 year lease from Sept 2024 for £6000 plus VAT annually.

Unit 4 - Indian restaurant

25 year lease from Sept 2013 for £10,000 plus VAT annually.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

---