CASTLE

OFFERS OVER £70,000 · Commercial · For Sale

CASTLE WALK LOWER STREET, STANSTED, CM24 8LY

Retail premises let on a commercial lease to William Hill Bookmakers, with an annual income of £5,500

Location: The property occupies a prominent position within Castle Walk, Stansted with close proximity to the town centre thoroughfare

Accommodation: Sales 32.2 sq m (346sq ft)
Kitchen 1.4sq m (15sq ft)
Total 33.6sq m (361sq ft)

Tenure: The property is let on a commercial lease on standard institutional terms. The tenant is currently holding over an existing lease however, they have stated that they would be happy to sign up to a new 3 year lease on the same terms as existing lease. The annual rent is £5,500 This is a very desirable area and plus if this unit was to be converted back to flat like all properties around it they would sell for £100,00 plus. Lease is 999 years from July 2014 at £200 per annum. The service charge is £1110 per annum.

OFFERS OVER £70,000

Features

Location

CM24 8LY

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