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Property details
Map & nearby

Retail premises for sale in High Street, London

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Retail premises for sale

Property features

High Street Location
Glass Shop front
Semi- Commercial
Excellent Location
Close to Public transport
Shops and Amenities
Long Let

Property description

Tenancy:
The shop is at present let to a global brand T4 Bubble Tea, with over 50 branches in the UK. New Lease for a term of 10 years from May 2023 at a current rent of £35,000 per annum and the lease contains full repairing and insuring covenants. Rent increased to £37,500 in 2028.

The apartment is let at £1500 pcm to same tenant for last 16 years. Potential to increase to market value of £2,000 pcm.

The property is held in a single title.

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Galaxy Real Estate, and do not constitute property particulars. Please contact Galaxy Real Estate for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.