Property photos
Freehold
Offers in region of
£200,000
(£233.64/sq. ft)
Retail premises for sale
93 Spring Gardens, Buxton SK17856 sq. ft
Local area information
Property location
Nearby amenities
- Buxton Infant School 0.2 miles
- St Thomas More Catholic Voluntary Academy 0.2 miles
- Buxton 0.2 miles
- Dove Holes 2.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Buxton to find out more about the local area.
Features and description
- Freehold
- Strong Covenant Tenant
- Prime Retail Location
- £14,000 rent passing
- Secure Income Stream
Description
The property comprises a well-configured retail unit let to Oxfam with a store/outbuilding to the rear, producing £14,000 per annum in rental income.
The lease is protected under the Landlord and Tenant Act 1954, and expires on the 29th February 2029, with five-yearly rent reviews— the last two of which have not been enacted. The lease is on a Full Repairing and Insuring (Fri) basis, managed by the freeholder, with all costs fully reimbursed by the leaseholders.
The upper floors consist of two residential apartments, each sold on long leaseholds at a peppercorn rent with approximately 200 years remaining.
Location
93 Spring Gardens occupies a prime position in the heart of Buxton’s main retail parade. Spring Gardens is the town’s principal shopping street, home to a strong mix of national and independent retailers. Buxton is a thriving spa town on the edge of the Peak District, benefitting from high footfall driven by tourism and a strong local economy. The property is well-positioned near major car parks and public transport links, making it a highly accessible and attractive retail destination.
Viewings
Strictly by appointment with sole agents Hallams Property Consultants.
Terms
The premises are available by way of Freehold Disposal.
The property comprises a well-configured retail unit let to Oxfam with a store/outbuilding to the rear, producing £14,000 per annum in rental income.
The lease is protected under the Landlord and Tenant Act 1954, and expires on the 29th February 2029, with five-yearly rent reviews— the last two of which have not been enacted. The lease is on a Full Repairing and Insuring (Fri) basis, managed by the freeholder, with all costs fully reimbursed by the leaseholders.
The upper floors consist of two residential apartments, each sold on long leaseholds at a peppercorn rent with approximately 200 years remaining.
Location
93 Spring Gardens occupies a prime position in the heart of Buxton’s main retail parade. Spring Gardens is the town’s principal shopping street, home to a strong mix of national and independent retailers. Buxton is a thriving spa town on the edge of the Peak District, benefitting from high footfall driven by tourism and a strong local economy. The property is well-positioned near major car parks and public transport links, making it a highly accessible and attractive retail destination.
Viewings
Strictly by appointment with sole agents Hallams Property Consultants.
Terms
The premises are available by way of Freehold Disposal.
More information
Listed by
Hallams Property Consultants
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