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Town Centre Investment Property Essex CO15 £500,000
Auction Date
14 December 2023
Guide Price
£500,000
Property Summary
A mid-terrace building comprising a Ground Floor Restaurant with internal access to Ancillary Accommodation on first and second floors. The entire property is let on a full repairing and insuring lease for a term of 20 years from completion at a rent of £40,000 per annum exclusive. Rent Reviews 2029 and 5 yearly to RPI with a collar and cap at 1% and 3% respectively.
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