A fully let freehold investment property for sale comprising properties at both 82 and 82a Victoria road.
82 Victoria road comprises a ground floor shop, rented by a ballet clothing company, The property includes significant storage space in the basement below and is let on a long peppercorn lease.
82a is composed of a fully fitted restaurant & takeaway on the ground floor and a 2 bedroom flat situated on the first floor. The property is let on a Full Repairing and Insuring lease for 21 years (18 years unexpired) at a rent of £28,600 pax. The next rent review is April 2021. The lease is held outside the Landlord & Tenant Act (as amended). The restaurant has seen extensive renovations as part of this letting.
The property is situated on in a prime trading position. 30ft from Fenwick and Westfields shopping centre.