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Investment Highlights
- Secure 15-year lease to Tesco with no breaks
- Prominent corner position in busy local parade
- Excellent connectivity to London via rail and road
- Two large 3-bed maisonettes with uplift potential
- Strong covenant and long-term tenant history
- Median household income of £57,000 in Bushey
Executive Summary
This prime freehold mixed-use investment in the heart of Bushey offers a compelling blend of secure income and asset management potential. Anchored by a long-established Tesco convenience store occupying 2,258 sq ft on the ground floor, the property benefits from a newly re-geared 15-year lease with no breaks, generating £45,000 per annum. Tesco has been in occupation for over two decades, underscoring the strength of the covenant and long-term stability.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,258 sq ft
Costar Property Class
B
Year Built
1958
Price
£1,250,000
Price per sq ft
£553.59
Occupancy Rate
100%
Number of Floors
3
1 1
Nearby Major Retailers
1 of 2
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Presented by
17-19 Harcourt Rd
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