About

Offering an opportunity to secure a retail parade investment, compromising of five multi let commercial units. Each retail unit is a 125 year lease from 2004 on a peppercorn ground rent. Combining a total income of £122,570, a purchase level based on the current income reflects a gross internal yield of 7.67% before purchaser costs, based on the current rental income of £122,570 and a sales price of £1,600,000.

Unit 1a - Tenant 1 - £37,000 (25/11/2016 - 26/11/2026)
Held outside the Security of Tenure provisions of The Landlord and Tenant Act 1954. No further breaks/reviews with a £4,000 rent deposit currently held.

Unit 2b - Tenant 2 - £33,000 - (10/09/2025 - 09/09/2035)
Held outside the Security of Tenure provisions of The Landlord and Tenant Act 1954. A rent review on the 5th anniversary and a £8,250 rent deposit currently held.

Unit 3c - Tenant 3 - £24,000 (16/03/2022 - 15/03/2027)
Held outside the Security of Tenure provisions of The Landlord and Tenant Act 1954. No breaks/reviews with a £6,000 rent deposit currently held.

Unit 4d - Tenant 4 - £10,070 (11/01/2016 - 10/01/2026)
Held outside the Security of Tenure provisions of The Landlord and Tenant Act 1954. No further breaks/reviews and no rent deposit is held.

Unit 5e - Tenant 5 - £18,500 (19/07/2018 - 18/07/2033)
Held outside the Security of Tenure provisions of The Landlord and Tenant Act 1954. No further breaks with a £3,750 rent deposit currently held.