(GROSS YIELD 11.6%)
6 Week completion
Located in this well established retail parade, adjacent to Coral and being close to McColl's and Lloyds Pharmacy, all serving the surrounding residential population.
Tuffley lies approximately 3 miles south of the historic cathedral city of Gloucester with easy access to the M5 Motorway (Junction 11A).
Forming part of a mid terraced building comprising a Ground Floor Shop. There is front lay-by parking and use of a rear service road for unloading.
Ground Floor Shop
Gross Frontage 16'0"
Internal Width 15'2"
Shop Depth 34'2"
Built Depth 48'11"
Rear Store Area Approx. 80 sq ft
VAT is applicable to this Lot
Leasehold for a term of 999 years from 1st January 2006 at a fixed ground rent of £100 p.a.
The property is let on a full repairing and insuring lease to Anthony Burke t/a Creature Comforts (Pet Supplies) for a term of 20 years from 24th June 2005 at a current rent of £10,500 per annum exclusive.
Rent Review 2020