(Gross Yield 16%)
6 Week completion
Located on the corner of Tower Street and the High Street in the heart of the town centre, with nearby multiples such as Tesco Express, Lloyds Bank, Boots Pharmacy as well as a variety of local traders.
Brightlingsea is an attractive coastal town located approximately 10 miles south of Colchester, 25 miles from Ipswich and 70 miles north-east of London.
An end of terrace building comprising a Ground Floor Shop.
Ground Floor Shop
Gross Frontage 16'1"
Internal Width 15'4"
Shop Depth 14'1"
VAT is NOT applicable to this Lot
The property is let on a Law Society lease to Ms S Graham as a Gift Shop for a term of 2 years from 1st March 2017 (in occupation since 2015) at a current rent of £4,800 per annum exclusive.
Tenant's Break March 2018
Note: The first floor is owned as a separate flying freehold and is not included with this sale.