£230,000

Retail premises for sale

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Just added
Freehold

£230,000

(£200.00/sq. ft)

Retail premises for sale

Investment For Sale, 57 Well Street, Ruthin, Denbighshire LL15

1,150 sq. ft

Local area information

Property location

Nearby amenities

  • Rhos Street C.P. School 0.1 miles
  • Ysgol Pen Barras 0.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • 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

More information

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  1. Zoopla
  2. Commercial for sale
  3. Denbighshire
  4. Ruthin
  5. Well Street