The investment generates a total of £40,701 per annum and benefits from having leases in place with strong regional & local covenants to include D P Realty Ltd trading as Dominoes Pizzas on a 20 year lease expiring in December 2026, Simprint (Brighouse) Ltd on a 10 year lease expiring in February 2024, a sub station on a 60 year lease expiring in September 2023, and a private individual leasing the first floor yoga studio currently holding over on the agreement.
74 and 76 Commercial Street are Freehold with part of 74a being held on a Long Leasehold expiring in March 2183.
The Freehold and part Long Leasehold are being sold subject to the existing lease agreements.