Commercial Investment for Auction Bedfordshire LU2 £75,000

Guide Price: £75,000
Auction Date: 13/07/2023
Property Types
Commercial Investment

Commercial Investment – Gross Yield 22.8%. A detached Commercial Building on ground, first and second floors together with a gated front forecourt for parking/loading. Leasehold for a term of 99 years from 1st October 1960 (thus having approx. 36 years unexpired) at current ground rent of £2,900 p.a. subject to rent reviews in 2030 and 2044. The entire property is let on a full repairing and insuring lease at a current rent of  £20,000 per annum exclusive. 

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