Available
Leighton Buzzard – Retail Shop
1B High Street, Leighton Buzzard LU7 1DPVirtual Freehold Retail Investment
Investment Consideration
- Vacant possession
- ERV: £22,000 p.a. GIY ~ 9.78%
- Comprises ground floor retail shop with 1 parking space at rear
- Town centre location within 10 minute walk to Leighton Buzzard train station
- Nearby occupiers include Post Office, Halifax, Argos, Subway, Waitrose and more.
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
The property comprises ground floor retail shop with shared WC and allocated parking space in a gated yard, providing the following accommodation and dimensions:
Ground Floor: 75 sq m (807 sq ft)
2 Rooms, Storage, Lobby, Shared WC
Ground Floor: 75 sq m (807 sq ft)
2 Rooms, Storage, Lobby, Shared WC
Tenancy Description
The property is at present vacant, ERV: £22,000 p.a.
Tenure:
Long Leasehold. Held on a 999 Year lease from 24th May 2023 at a ground rent of peppercorn.
Tenure:
Long Leasehold. Held on a 999 Year lease from 24th May 2023 at a ground rent of peppercorn.
Location Description
Leighton Buzzard is a market town in Bedfordshire, England, near the Chiltern Hills, between Aylesbury, Tring, Dunstable and Milton Keynes 36 miles northwest of Central London, and linked to the capital by the Grand Union Canal and the West Coast Main Line to London Euston. The town is close to the M1 motorway and A5 road, and is served by Southern and London North-western Railway services on the West Coast Main Line railway at Leighton Buzzard railway station (in Linslade). The railway operates non-stop commuting services to Euston railway station, with the fastest peak journey times less than 30 minutes. The property is located within 0.6 miles to Leighton Buzzard Train station, which provides direct services to London Euston in less than 30 minutes. Nearby occupiers include Post Office, Halifax, Argos, Subway, Waitrose and more.