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185 St Marys Ln 976 sq ft Retail Property Upminster RM14 3BU £375,000 (£384.22/sq ft)
Investment Highlights
- Freehold property, commercial unit & 2 bedroom flat at 1st & 2nd floor.
- Total building an approx. 1,802 sq ft.
- Investment let at £31,000 p.a. (8.26% GIY on guide).
- 2 x Bedroom flat an approx. 886 sq ft.
- Virtual tour available in the description.
- Commercial unit TA as Caprinos Pizza (100 + stores nationwide).
- 8 week completion available.
- Entire property let on a 20 year FR&I lease from 2020.
- No VAT on sale price.
Executive Summary
A freehold mid terrace forming part of busy shopping parade and comprising of commercial unit at ground floor and a 2 bedroom flat at 1st & 2nd floor. Access to the rear of the property is via a side road via St Marys Lane. The property is located in the popular and busy are of Upminster. Nearby occupiers include Waitrose opposite as well as wider range of local and independent occupiers.
Property Facts
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
-
- Accommodation and Food Services
- 976 sq ft
- -
- Aug 2040
Caprinos Pizza Ltd is a young successful UK pizza chain with a rapid popularity growth in the market. They are one of very few pizza brands offering Halal menu across all their branches. They have won several awards for their best service and quality food. Caprinos offers Italian American cuisine and menu items are suitable for adults, children, and to share with family and friends. Their simple but sustainable business model is easy to operate. Caprinos Pizza is committed to providing an outstanding experience to their customers. It is their goal to exceed their customers’ expectations for quality and service while paying close attention to their customer’s individual needs.
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
|
|
Accommodation and Food Services | 976 sq ft | - | Aug 2040 |
Nearby Major Retailers
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185 St Marys Ln
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