Freehold Blue-Chip Medical & Residential Investment.
Ground floor shop with self-contained 2-Bed flat maisonette on the first and second floors.
Nb: The image used is a CGI image, fit out is currently in progress
Location Description
Dovercourt is a small seaside town in the Tendring district, in the county of Essex, England. It is older than its smaller but better-known neighbour, the port of Harwich.
Dovercourt is rich with civil war history and as a seaside resort offers shops and cafes for visitors and residents.
The main shopping area is The High Street, with shops from independents to the national chains.
The town is served by Dovercourt railway station.
Tenancy
Ground Floor let to Day Lewis PLC on a new 15 year FRI lease from 20th March 2020 for £7,500 p.a.
Open Market rent reviews in 2025 and 2030
Break clauses in March 2027 and 2030
Nb – £7,000 for 1st two years rising to £7,500 per annum from year 3 (but seller will top up rent free and concessionary rent period)
The Day Lewis Group manages over 300 pharmacies throughout the UK
2 bed flat on 1st & 2nd floors let on an AST producing £6,900 p.a.
Additional Notes
Day Lewis are relocating from another unit on the High Street, they trade well in this area and this unit suits them better.