Town Centre Investment Property Essex CO15 £500,000

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Auction date: Thu, 14/12/2023 - 12:00

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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