Property photos
Auction
From
£60,000
Property for sale
Station Street, Long Eaton, Nottingham NG10Local area information
Property location
Nearby amenities
- Grange Primary School 0.4 miles
- Brooklands Primary School 0.4 miles
- Long Eaton 1.2 miles
- Attenborough 1.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- To be offered on Monday 15 April
- Of interest to investors
- Dessert shop investment let on a lease expiring November 2030
- Investment let at £7,280 pa (12.13% on Guide Price)
- Comprises a ground floor shop t/a a Cafe/Dessert Lounge
Strapline
Auction Sale - 15/04/2024
Of interest to investors
Dessert shop investment let on a lease expiring November 2030
Investment let at £7,280 pa (12.13% on Guide Price)
Description
The property comprises mid-terrace ground floor shop trading as a café/dessert parlour.
Location
The property is located on the south side of Station Road, close to it's junction with Main Street. Nearby occupiers include Aldi, British Heart Foundation, and a number of independent shops cafes and restaurants.
Tenancy
The shop is at present let to an Individual (with personal guarantor) for a term of 6 Years 11 Months from 20th December 2023 at a current rent of £7,280 p.a. Tenant option to determine in December 2027 with min 6 months notice. Rent review in December 2026 open market upward only. Deposit held of £1,220.
Accommodation
Please note the approximate areas have been provided by the voa/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Ground - 66.00 sq m (710 sq ft)
Auction Sale - 15/04/2024
Of interest to investors
Dessert shop investment let on a lease expiring November 2030
Investment let at £7,280 pa (12.13% on Guide Price)
Description
The property comprises mid-terrace ground floor shop trading as a café/dessert parlour.
Location
The property is located on the south side of Station Road, close to it's junction with Main Street. Nearby occupiers include Aldi, British Heart Foundation, and a number of independent shops cafes and restaurants.
Tenancy
The shop is at present let to an Individual (with personal guarantor) for a term of 6 Years 11 Months from 20th December 2023 at a current rent of £7,280 p.a. Tenant option to determine in December 2027 with min 6 months notice. Rent review in December 2026 open market upward only. Deposit held of £1,220.
Accommodation
Please note the approximate areas have been provided by the voa/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Ground - 66.00 sq m (710 sq ft)
More information
Listed by
Savills - National Auctions
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