Tenancies

• Ground Floor Shop
• Let on a full repairing and insuring lease from 5^th September 2021 to 4^th September 2036 (term 15 years) at £28,000 pa.  There is a rent review on 5^th September 2026 (outstanding) and 5^th September 2031.  There is a tenant option to break on 9^th November 2026 subject to 6 months notice, which has not been exercised.

•  Residential Upper Part
• The upper part is sold off on a long lease for a term expiring 28/09/2170 (approximately 144 years remaining) at a peppercorn ground rent.

Terms

£500,000 for the freehold interest subject to the current tenancies.