- Income Producing Investment - £11,500 per annum
- Lease Ends in August 2027, Tenant would like to Renew
- Potential Reversion on Renewal
Income Producing Investment - £11,500 per annum
Lease ends August 2017, Tenant would like to renew
About this property
Detailed Description
The property is a two storey, 17th century building with cellar and attic room. The building is Grade II Listed.
The current tenant is a hearing aid clinic and the building is set out with reception and treatment rooms.
Location
The property occupies a prominent and well-established pitch on The Broadway, which is one of St Ives' principle commercial thoroughfares. Neighbours include eateries, cafes and bars. It forms part of the core retail pitch.
Accommodation
Ground Floor - 363 sq ft
First Floor - 449 sq ft
Total NIA - 812 sq ft
Business Rates
Tenants are advised to contact the Local Authority in order to confirm the amount payable as the property may be eligible for some form of transitional relief.
Services
It is understood that mains water, electric and foul drainage is available.
However, all interested parties are to make their own enquiries.
Viewing
Strictly by appointment with the Selling Agent.
VAT
It is understood that VAT is not applicable.
Legal Costs
Each party will be responsible for their own legal costs incurred in documenting the sale.
Terms
The property is currently let on a fully repairing and insuring lease at a rent of £11,500 per annum. The lease will end in August 2027. A copy of the lease is available on request.
To arrange a viewing contact
The Fairways, Wyboston Lakes, Great North Road, Wyboston, Bedfordshire, MK44 3AL
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Brown&Co