Property Detail

Book & Stationery Store in Aylesbury for Sale, Lease Agreement Ends 2027

Book & Stationery Store in Aylesbury for Sale, Lease Agreement Ends 2027

Property type: book and stationery store
Purchase of established rental business

Location: Aylesbury, the county of Buckinghamshire, UK

• the property is located in Aylesbury with a population of over 60,000
• Aylesbury forms the central part of Buckinghamshire

Anchor tenant: chain of book and stationery stores

Occupancy: 100%

Lease Agreement: until 2027

Possibility of renewal: YES
Rent Review: YES

Full Repair and Insure Lease (FRI lease):
• tenant is responsible for all operating expenses including land tax, building insurance, minor repairs, potential renovation of the entire building, etc.

Purchase price: offers in excess of 2,557,000 GBP
(+ closing costs)

Rental Income: 196,200 GBP per annum

(+ indexation linked to inflation)

Yield: 7.7%

Extra information:

Potential to develop residential on the large roof top area.

Property Contact

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http://www.brantstone.com/property/shop-for-sale-in-uk-02023511 02023511 Book & Stationery Store in Aylesbury for Sale, Lease Agreement Ends 2027