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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