A Substantial Mixed Use Commercial Building Currently producing £102,000 per annum. Suitable for Development (Subject to Obtaining All Relevant Consents and Existing Lease)
The property comprised a corner mixed used commercial building arranged over basement, ground and two upper floors fully let producing £102,000pa. The ground floor and basement is Let to ‘Christ Apostolic Church’ for a term of five years from 6th June 2018 paying £60,000 per annum (Holding Over) The First and second floors Let to ‘JC Empreas Ltd’ for a term of four years from 2nd April 2019 until 1st April 2023 (Holding Over) The rent passing is £42,000 per annum