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The property comprises a seven storey building with retail/office space on the ground floor.
Price | £310,000 |
Unit Size | 492 SF |
No. Units | 1 |
Total Building Size | 6,615 SF |
Property Type | Retail (Unit) |
Property Subtype | Storefront Retail/Residential |
Sale Type | Investment |
Building Class | B |
Number of Floors | 8 |
Typical Floor Size | 6,615 SF |
Year Built | 2010 |
Lot Size | 0.39 AC |
Unit Size | 492 SF |
Price | £310,000 |
Price Per SF | £630.08 |
Unit Use | Retail |
Sale Type | Investment |
Tenure | Long Leasehold |
The double height retail units have been built to a shell specification with capped services. Whilst the units are ground floor only planning consent exists for a mezzanine.
We are offering the opportunity to purchase the long leasehold of a unit close to Stratford town centre offering a rental income with fixed growth potential.
The unit is a ground floor premises with a WC and kitchen area. Currently occupied by Jason Bikes limited on a rent of £16,000 per annum within a lease dated 30th September 2022 for 10 years with a upwards only rent review in September 2027. A mutual break option can be exercised by both parties at September 2027. The property benefits from E class use.
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