- Advert ID: 546423
- (Seller ref: 3365)
Freehold Investment Carlisle For Sale
- Location:
-
- United Kingdom
- > England
- > North
- > Cumbria
- > Carlisle
- > Carlisle
- Category:
Listed by:
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Summary
- Asking price:
- £1,275,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
Business description
Cash & Carry warehouse arranged on the ground floor only, on a site of about 0.72 hectares (1.78 acres), Let to Giant Booker Ltd with guarantee from Giant Bidco Ltd on a lease until 2030 with the benefit of minimum fixed rent reviews to the greater of OMV or 2.5% p.a. The current rent passing under the lease is £65,537 p.a. however the Vendor has agreed to top up the rent from completion of the sale to the fixed minimum review in 2010. Fixed Minimum Reviews
February 2010 £74,149 or OMRV
February 2015 £83,893 or OMRV
February 2020 £94,917 or OMRV
February 2025 £107,390 or OMRV
Expiry 2030
Offers are invited in excess of £1.275 Million
Property information
- Property:
- Freehold
Contact the seller
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- United Kingdom
- > England
- > North
- > Cumbria
- > Carlisle
- > Carlisle
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