INVESTMENT FOR SALE, 57 Well Street, Ruthin, Denbighshire
Property Type: Retail
Tenure: For Sale
Space: 1,150 Sq Ft (106.84 Sq M)
For Sale: £230,000 for the Freehold
Property Features
INVESTMENT FOR SALE
£230,000
The property comprises a ground floor only lock up retail unit, which has been recently converted into a fast food takeaway.
Tenancy Summary
Tenant: DP Realty Limited
Term: 20 years
Rent £15,000 pax
Break Options: Tenant break options at the end of years 5 and 10
Rent Reviews: Upward only, to open market rent, in 2029, 2034, and 2039
Initial Rent Concession: A lower rent applies in year one
Rental Guarantee: The landlord may provide a rental guarantee in respect of the initial concession
Lease Terms: Internal repairing and insuring (IRI) basis
Location
Ruthin, the County of Denbighshire, is an exceptionally attractive and historic market town at the end of the Vale of Clwyd, with its commercial centre serving the surrounding rural areas, in addition to being a visitor destination in its own right. The shops stand within the town's main retail area, in close proximity to St Peters Square and amongst a variety of niche retail outlets.
Nearby occupiers include:
Greggs
Denbighshire County Council Offices
Cavendish Ikin
HSBC
Boots
Agents for INVESTMENT FOR SALE
Please get in touch with our property agents to with any enquiries you have about this property