INVESTMENT

APPROX ANNUAL RENTAL VALUE - £8,500

4 & 4A THE ARCADE, REGENTS STREET, ELLESMERE PORT, CH65 8DX

WHY BUY?
- Estimated Gross Yield - 10%
- 15 Year FRI Lease in place
- Hot food takeaway
- Plenty of customer parking
- Secure investment

DESCRIPTION
A two storey middle terrace unit in a parade of similar units. It comprises of ground floor retail unit and upper floor residential accommodation. The unit is fully let to one tenant on a 15 year Full Repairing and Insuring lease dated from 21st January 2009. The shop is currently trading as a Kebab and Pizza Shop. The current rent is £8,500 per annum and there is an agreed incremental stepped rent pattern in place. The rent is paid quarterly in advance and there is rent deposit of one quarters rent (£2,125).

LOCATION
The property is situated close to the junction with Deansgate which is close to Whitby Road and is approximately 0.5 miles from Ellesmere Port town centre.

ACCOMMODATION

GROUND FLOOR RETAIL UNIT:
Main Sales area - 32.4m.sq
Kitchen - 15.2m.sq
Storage area - 10.2m.sq

Total Area -- 57.8m.sq

FIRST FLOOR:
Kitchen - 12.3m.sq
Bedroom 1 - 15.3m.sq
Bedroom 2 - 16.6m.sq
Bathroom - 6.4m.sq