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Ground Floor, 33 High Street, Bushey, WD23 1BD
649 Sq Ft / Other / Investment
Withdrawn - Last updated: 27 July 2023
Summary
The property comprises a ground floor shop which is currently trading as a cafe/takeaway with a basement kitchen with a total net internal floor area of approximately 649 sq ft (60 sq m).
Key Points
The sale of the virtual freeholdA ground floor shop of 649 sq ft which includes a basement kitchen (229 sq ft) let until 2032Investment income of £20,000 per annumLocated on the busy Bushey High Street
Viewings
Strictly by appointment via sole agents.
Tenancy
The property is currently let on a full repairing and insuring lease for 10 years from 16th February 2022 and is inside the Landlord and Tenant Act. The annual rent is currently £20,000 per annum. There is a tenant only break and rent review on 15th February 2025.
Sale Price
Offers of £290,000 are invited for a new ground lease of 999 years at a peppercorn ground rent.
VAT
The property is not VAT registered and therefore VAT will not be charged on the sale price.
Location
The property is located in the centre of Bushey High Street, close to all amenities and conveniently located for access to Junction 5 of the M1 and A41 providing good access to the M25 and Central London.
Nearby occupiers include numerous independent traders, cafes and restaurants.
Bushey overground railway station is less than 1 mile away with travel time to London Euston approximately 20 minutes.
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