Investment Opportunity
Hardwicke GloucesterFor Sale
GUIDE PRICE £700,000
DESCRIPTION
The site comprises 5 units,
3 self contained commercial units
UNIT 1
One Stop Stores Ltd
Full repairing and insuring lease commencing
26th January 2015 – 25th January 2030
Passing rent of £31,500 per annum exclusive
Open market rent review 2020 & 2025
Tenant break only at 2025 (Circa 7 years term certain) Copy of lease available upon request
UNIT 2
Tak Chung Shum
Full repairing and insuring lease commencing February 2018 – February 2033
Passing rent £12,000 per annum exclusive
R.P.I. linked rent reviews at each 5th anniversary Rent deposit £3,600
Copy of lease available upon request
UNIT 3
Tak Chung Shum
Full repairing and insuring lease commencing April 2018 – April 2033
Passing rent £10,000 per annum exclusive
R.P.I. linked rent reviews at each 5th anniversary Rent deposit £2,500
Copy of lease available upon request
2 self contained residential apartments
APARTMENT 1 Wesley House
One bedroomed apartment Let on an A.S.T.
Current rental £525 p.c.m.
APARTMENT 2 Wesley House
Two bedroomed apartment Let on an A.S.T.
Current rental £650 p.c.m.
LOCATION
This site is in Hardwicke just north of M5 J12 and is accessed via the A38.
TERMS
Currently generates a commercial rental income of £53,500 and a residential income of £14,100
Freehold
Property Features
- House
- About
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