8 High Street, Buxton | Property for sale | Savills
Guide price £150,000(74,696 BHD)

8 High StreetBuxton

  • New
  • Sole agency
  • Freehold
Investment
Yield 8%Yield

Key features

  • Entirely let on a 20 year lease expiring 2041 (no breaks)
  • Situated in an established trading location
  • Rent Review 2026
  • Uppers maybe suitable for conversion subject to consents(1)
  • VAT is not applicable
  • Current Rent Reserved £12,000 p.a.
  • Guide Price £150,000 (reflecting 8.00% GIY)

Freehold Takeaway Restaurant Investment

About this property

  • The property is arranged on basement, ground and two upper floors to provide a shop with ancillary accommodation

Local information

  • Buxton is a popular tourist destination situated in the centre of The Peak District which attracts some 13.25 million visitors a year
  • The property is situated on the west side of London Road, inbetween it's junctions with Chapel Street and Bath Road, in an established trading location
  • Nearby occupiers include The Post Office (adjacent), Sainsburys Local, The Vault pub and HighStakes cafe amongst many others

Additional information

  • Ground Floor - 38.7 sq m (417 sq ft)
  • Basement - 10.9 sq m (117 sq ft)
  • First Floor - 18.2 sq m (196 sq ft)
  • Second Floor - 25.2 sq m (271 sq ft)
  • Total - 93 sq m (1,001 sq ft)
  • Entirely let to D Ordek on a lease for a term of 20 years from 25 November 2021 at a current rent of £12,000 per annum
  • Rent Review 5 yearly
  • FR&I