INVESTMENT FOR SALE, 57 Well Street, Ruthin, Denbighshire
£200.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,150 sq ft
107 sq m
- SECTOR
High street retail property for sale
Key features
- INVESTMENT FOR SALE
- OIRO £230,000
- Current Tenant with term of 20 years
- Annual Rental £15,000 pax
Description
The property comprises a ground floor only lock up retail unit, which has been recently converted into a fast food takeaway.
Tenancy Summary
Tenant: DP Realty Limited
Term: 20 years
Rent £15,000 pax
Break Options: Tenant break options at the end of years 5 and 10
Rent Reviews: Upward only, to open market rent, in 2029, 2034, and 2039
Initial Rent Concession: A lower rent applies in year one
Rental Guarantee: The landlord may provide a rental guarantee in respect of the initial concession
Lease Terms: Internal repairing and insuring (IRI) basis
INVESTMENT FOR SALE
OIRO £230,000
Current Tenant with term of 20 years
Annual Rental £15,000 pax
Brochures
INVESTMENT FOR SALE, 57 Well Street, Ruthin, Denbighshire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Penyffordd Station10.7 miles
Notes
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