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2A Station St

710 SF 100% Leased Retail Building Long Eaton NG10 1GL £70,000 (£99/SF) 10.40% Net Initial Yield

Shops & Retail Properties Derbyshire Long Eaton 2A Station St, Long Eaton, DBY NG10 1GL

Investment Highlights

  • Comprises ground floor retail shop t/a cafe
  • Well connected high street with on street parking and bus stops close by
  • Occupiers close by include Argos, Aldi and a number of local shops, restaurants/takeaways and convenience store

Executive Summary

The shop is at present let to an Individual (with personal guarantor) for a term of 6 Years 11 Months from 20th December 2023 at a current rent of £7,280 p.a. and the lease contains full repairing and insuring covenants. Tenant option to determine in December 2027 with min 6 months notice. Rent review inDecember 2026 open market upward only. Deposit held of £1,220.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Building Size
710 SF
Year Built
1900
Price
£70,000
Price Per SF
£99
Net Initial Yield
10.40%
NOI
£7,280
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1

Links

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Nearby Major Retailers

ALDI
Farmfoods
Lloyds Bank
Iceland
Tesco Extra
Lidl
Co-operative Food
National Westminster Bank Plc
Lounges
Costa Coffee
+44 20 3771 0697

Contact

  • Listing ID: 30515060

  • Date on Market: 03/01/2024

  • Last Updated:

  • Address: 2A Station St, Long Eaton NG10 1GL

The Retail Property at 2A Station St, Long Eaton, NG10 1GL is currently available for sale. Contact Blue Alpine Partners Ltd for more information.

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2A Station St
+44 20 3771 0697 x

2A Station St

Joseph Bachman

+44 20 3771 0697

+44 20 3771 0697

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