182A High St | Boston Spa LS23 6BT
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182A High St
Boston Spa LS23 6BT
Retail Property For Sale
Investment Highlights
- Situated in the popular town of Boston Spa
- Dedicated rear car parking and bin storage
- In the main retailing area
Executive Summary
The property comprises the ground floor of a stone built property. The premises are used as a retail shop and has the benefit of dedicated rear car parking and bin storge. The premises have traded as a gift shop since 2004 and will now be let on a new 10 year lease to Gifted (Boston Spa) Limited at a rent of £19,000 per annum with an upward only rent review on the 5th anniversary of the term. The lease will be an effectively full repairing and insuring terms by way of a service charge. There will be a tenant only break on the 5th anniversary of the term.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront
Building Size
926 SF
Building Class
C
Year Built
1950
Price
$416,663 CAD
Price Per SF
$450 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.84 AC
Parking
5 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
55 ft on High Street
Amenities
- Courtyard
- Energy Performance Rating - E
- Storage Space
1 of 2
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