36 High Street South

Dunstable

Ref: 7142

PROPERTY

36 High Street South
Dunstable
Bedfordshire, LU6 3HA

DETAILS

The ground floor shop is let for a term of 5 years from 19.06.18 with the tenant (a tattoo studio) paying £7,008.00 per annum exclusive. The lease expires on 18.06.23. It is considered the rental is below market value. No. 38 is currently under offer at £16,000.00 per annum exclusive. The ground floor sales area is formed of 2 parts. Upper – 181.31 sq ft/16.85 sq m, benefiting replac . . .

The ground floor shop is let for a term of 5 years from 19.06.18 with the tenant (a tattoo studio) paying £7,008.00 per annum exclusive. The lease expires on 18.06.23. It is considered the rental is below market value. No. 38 is currently under offer at £16,000.00 per annum exclusive.

The ground floor sales area is formed of 2 parts.

Upper – 181.31 sq ft/16.85 sq m, benefiting replacement shop front, single w/c.

Lower – 302.79 sq ft/28.14 sq m, benefiting fluorescent lighting, timber shop front.

The very large, first floor, 2 bedroom maisonette also covers the second floor and provides:

First Floor – store with sink and w/c 3.06m x 3.99m, living room 3.79m x 3.82m, double glazing, carpet, radiator heating.

Second Floor – shower room, rear bedroom 1.84m x 2.59m, front bedroom 3.74m x 3.80m.

An AST has been entered into with the tenant paying £750.00 per month/ £9,000.00 per annum.

Location: -

The mid terraced, pavement lined property is prominently positioned facing High Street South (A5183) and to the rear faces Ashton Square/Middle Row, within Dunstable town centre.

Terms: -

The freehold interest with the benefit of the current continued income of £16,008.00 is available for £260,000.00, i.e. 6.15% gross return.

Rateable Value: -

We have verbally been informed by Central Bedfordshire Council that the rateable value is £7,700.00. Council Tax Band to be confirmed.

Legal Costs: -

Each party to bear their own legal costs incurred.

VAT: -

Plus VAT at the appropriate rate if applicable.

Viewing: -

For further information or an appointment to view, kindly contact sole selling agents S R Wood & Son Ltd. Tel. 01582 401 221.

Read More

STATS

Use Investment
Availability For sale
Sale price £260000
Annual rental -
Size (sq ft) 484
Features

DOCUMENTS

No PDF documents for this property

Please send enquiry for more information.

PHOTOS and MAPS

Google Map

Street View

All details are supplied by individual contributing account holders. All data and information should be checked and verified before any reliance is put upon it.  Due diligence should always be carried out and advice sort from appropriate professionals before entering into any contract.   © 2020 - OneClickProperty.com

Edit Property

Not Logged in to see form