Basic Facts
Property ID:
16366
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Post Updated:
2023-04-05 11:21:34
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Status:
Acquired
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Type:
Restaurant Supermarket
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Tenure:
Leasehold
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Area:
5000 sq ft
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Gross Rent:
£ 85,000
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Lease Term:
15 years from Jan '22
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Lease Term Expiry Date:
01/01/37
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Years left on Lease:
12.7
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Property Description
- Freehold Supermarket and Restaurant Investment.
- Recently developed.
Location Description
- Leighton Buzzard is a market town in Bedfordshire in the southwest of the county and close the Buckinghamshire border.
- It is 36 miles (58 km) northwest of Central London and linked to the capital by the Grand Union Canal and the West Coast Main Line.
Tenancy
- Let to Mid Counties Co-op on a FR&I lease for 15 yrs January ’22 at a passing rent of £68,000 and
- Let to Rumbles Fish & Chip on a FR&I lease for 15 yrs January ’22 at a passing rent of £17,000.
Features
£1m - £5m
Blue-chip tenant
Customer car parking
Finance available
Market Town
No Break clauses
Tenant Multiple