Property for sale
Property description & features
- Freehold Lock Up Shop Investment in Central Brixham
- Recently Let on a 6 Year Lease from 2024
- Passing Rent £7,000 Per Annum
- Freehold Investment (Upper Residential Unit Already Sold on Long Lease)
- Long Established Use as a Florist (Business Unaffected)
INTERNAL AREA
56m2 (603 sq ft).
TENURE
The property is to be sold freehold. The freehold includes the upper parts, which have already been sold on a long leasehold basis. The shop itself has been let on a 6-year Full Repairing and Insuring lease from the 16th February 2024. The tenant pays 50% of the buildings insurance premium. The tenant has obligation to keep the inside of the property in clean and tidy and good repair and condition. This includes the shop front. The tenant is responsible for 50% of the costs of the Landlord's upkeep of the remainder of the building. The lease allows for an Upward Only Market Rent Review at the third anniversary. The lease is contracted out of the Security of Tenure Provisions of the Landlord and Tenant Act, 1954.
EPC RATING C
VIEWING
Viewing is strictly by prior appointment with the Sole Agents, Bettesworths. Tel.[use Contact Agent Button]. Interested parties are asked to be mindful and conscientious of the tenant's ongoing business, which is unaffected by this sale.
Tenure: Freehold
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Property reference 12311946. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Bettesworths - Commercial.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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