Commercial Property in UK available for sale
1,277

Shopfront Properties for Sale in the UK

Explore the Latest UK Shopfront Properties for Sale - Page 22

More details for Bakehouse Hill, Darlington - Retail for Sale

Bakehouse Hill

Darlington, DL1 5QA

  • Retail for Sale
  • £325,000
  • 4,000 sq ft
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More details for 3-4 Market Jew St, Penzance - Retail for Sale

3-4 Market Jew St

Penzance, TR18 2HN

  • Retail for Sale
  • £140,000
  • 3,427 sq ft

Penzance Retail for Sale

Investment Consideration: Gross Initial Yield: 12.60% Rental Income: £31,500 p.a. VAT is applicable to this property Comprises double fronted shop at ground floor and a self-contained first & second floor t/a Gymnasium Future development potential of the upper floors, subject to obtaining the necessary consents Located in the heart of the town centre with occupiers close by including Barclays, Specsavers, O2 and more. Property Description: Comprises double fronted retail shop at ground floor and a self-contained first & second floor, accessed from the front of the building and t/a Gymnasium. The property provides the following accommodation and dimensions: Ground Floor: 170 sq m (1,830 sq ft) Open plan retail, Office, Kitchen, Store, WC Basement: Not inspected First Floor: 165 sq m (1,776 sq ft) Gymnasium Second Floor: 171 sq m (1,840 sq ft) Gymnasium Total GIA: 506 sq m (5,446 sq ft) Tenancy: Ground floor shop is at let to an Individual t/a Convenience Store for a term of 10 Years from 7th August 2025 at a current rent of £15,000* p.a. and the lease contains full repairing and insuring covenants. Rent review in August 2030 linked to RPI. Tenant option to determine in August 2030 with min 6 months notice. Deposit held of £3,000. *Tenant pays reduced rent of £12,000 p.a. in Years 1&2, £13,000 p.a. in Year 3, £14,000 p.a. in Year 4 and £15,000 p.a. in Year 5. The vendor will top-up rent until 7 August 2029, so the buyer receives the equivalent to £15,000 p.a. from completion The first/second floor accommodation is at present let to an Individual for a term of 15 years from 18th June 2018 at a current rent of £16,500 per annum and the lease contains full repairing and insuring covenants. Rent review from 2023 outstanding. Rent review on 18.06.28 open market upward only. Mutual option to determine on 18.06.28 with min 3 months notice. Location: The property is situated in the popular tourist resort of Penzance, on the western side of the principal retailing pitch of Market Jew Street, and 300 metres from Penzance Railway Station. The property is located a short distance from Wharfside Shopping Centre, which includes retailers such as Costa, Iceland and numerous independent retailers. Nearby retailers include Tesco Express, Co-op Convenience Store, Boots the Chemist, Superdrug, WHSmith, Sports Direct, Saltrock, Domino's and JD Wetherspoon.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

21/09/2024

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More details for 162-164 High St, Maldon - Retail for Sale

162-164 High St

Maldon, CM9 5BX

  • Retail for Sale
  • £415,000
  • 1,480 sq ft
  • 1 Unit Available
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More details for 6 Market Sq, Waltham Abbey - Retail for Sale

6 Market Sq

Waltham Abbey, EN9 1DN

  • Retail for Sale
  • £475,000
  • 1,314 sq ft
  • 1 Unit Available
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More details for North Woolwich Rd, London - Build-to-Rent for Sale

Cape House - North Woolwich Rd

London, E16 2TN

  • Retail for Sale
  • £300,000 - £527,000
  • 990 - 1,679 sq ft
  • 2 Units Available
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More details for Properties – for Sale, Arisaig

Portfolio Sale

  • Mixed Types for Sale
  • £1,250,000
  • 2 Properties | Mixed Types
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