Freehold Retail and Residential Investment
Freehold Retail and Residential Investment
The historic Central London district of Borough is located immediately south of the City of London. The property is situated on the south side of Trinity Street, close to its junction with Borough High Street (A3).
Freehold.
The historic Central London district of Borough is located immediately south of the City of London. The property is situated on the south side of Trinity Street, close to its junction with Borough High Street (A3).
Freehold.
The property is an attractive mid terrace period building comprising retail accommodation on the ground floor, ancillary accommodation on the basement and three self-contained residential flats on the upper three floors.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property is an attractive mid terrace period building comprising retail accommodation on the ground floor, ancillary accommodation on the basement and three self-contained residential flats on the upper three floors.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
29.29 sq m |
(315 sq ft) |
LET TO AN INDIVIDUAL (t/a BELLA PIZZA) |
20 years from 07/07/2003 | £13,500 | 2011 and 4 yearly |
| Not measured |
|||||||
| First Second Third |
Residential Flat Residential Flat Residential Flat |
Not measured Not measured Not measured |
EACH LET TO AN INDIVIDUAL | Each for a term of 99 years from 25/12/2000 |
£250 each | Rent doubles every 25 years |
|
| Total Commercial Floor Area | 29.29 sq m |
(315 sq ft) |
Total Rent |
£14,250 | |||
The purchaser will pay 1 percent plus VAT of the purchase price towards the Vendor's sales costs. (1) In accordance with section 5B of the Landlord & Tenant Act 1987, Notices were served on the lessees and they have not reserved their rights of first refusal.
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