Commercial Investment for Auction Buntingford SG9

Let on a 15 year lease from 22nd August 2011, expiring 21st August 2026. The passing rent totals £76,000 per annum exclusive. The lease is contracted inside the security of tenure provisions of the Landlord & Tenant Act 1954 Part II. The tenant has served a Section 26 notice, which is available to view in the legal documents. The property is elected for VAT and therefore VAT will be payable on the purchase price. Potential for future development, subject to obtaining the necessary planning consents.