Basic Facts
Property ID:
5269
|
Post Updated:
2020-06-02 07:14:03
|
Status:
Sold
|
Type:
Supermarket
|
Tenure:
Freehold
|
Area:
1387 sq ft
|
Gross Rent:
£ 20,000
|
Lease Term:
15 yrs from Feb '20
|
Lease Term Expiry Date:
20/02/35
|
Years left on Lease:
10.9
|
VAT applicable:
No
|
Property Description
- Freehold Blue-Chip Supermarket Investment.
- Ground Floor only of a 2 storey building of modern construction, providing shop with ancillary accommodation.
- The property forms a part of a purpose built neighbourhood parade and adjoining a Fish & Chip takeaway.
Location Description
- Buxton is a village in Norfolk, it lies about 8.5 miles north of Norwich and about 1.75 miles east of Cromer road (A140).
- Crown Road forms the town’s main throughfare.
- The property is in a highly residential area, nearby occupiers include the Old Crown Pub, a Pet Shop and Farm Shop.
Additional Notes
- The First Floor above the shop forms a flying freehold and is excluded from the sale.
Features
Blue-chip tenant
Customer car parking
Freehold
No Break clauses
No VAT applicable
Suitable for a SIPP
Under £500k
Upwards Only Rent Reviews