161 Bexwell Rd
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161 Bexwell Rd
1,800 SF Retail Building Downham Market PE38 9LJ For Sale
Investment Highlights
- On site parking
- Income producing
- Good location
Executive Summary
This property comprises of a 1,800 square foot retail/drive-thru property h associated car parking on a site extending to some
0.601 acres and offers a freehold investment opportunity.
The property is let to Costa Limited (01270695) on fully repairing and insuring terms for 15 years from
04 November 2022 expiring 03 November 2037 subject to 5 yearly upwards only rent reviews to CPI
index linking subject to collar of 1.00% and Cap of 4.00 % per annum compound with the next rent review
due 04 November 2027.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.
0.601 acres and offers a freehold investment opportunity.
The property is let to Costa Limited (01270695) on fully repairing and insuring terms for 15 years from
04 November 2022 expiring 03 November 2037 subject to 5 yearly upwards only rent reviews to CPI
index linking subject to collar of 1.00% and Cap of 4.00 % per annum compound with the next rent review
due 04 November 2027.
The property is also available as part of a portfolio sale comprising of 9 properties with a combined income of £552,562 with opportunity to increase to £610,062 pa. The portfolio is available to purchase for £7,500,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Fast Food
Building Size
1,800 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.91 AC
Parking
77 Spaces (42.78 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
1 of 1
Nearby Major Retailers
1 of 2
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161 Bexwell Rd
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