£230,000
(£200.00/sq. ft)
Retail premises for saleInvestment For Sale, 57 Well Street, Ruthin, Denbighshire LL15
1,150 sq. ft
Freehold
About this property
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
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
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