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INVESTMENT HIGHLIGHTS
- Mixed use freehold investment
- Potential for renovation and refurbishment/conversion subject to the obtaining of any necessary planning permission
- Substantial and imposing town centre property anchored by Tesco Stores Limited
EXECUTIVE SUMMARY
Ground Floor, 44 High Street – let to Tesco Stores Limited under terms of a 15 year FRI lease from the 6th June 2022 at a current rental of £49,000 per annum exclusive and incorporates 5 yearly upward only rent reviews with the next rent review due 6th June 2027. The lease contains a tenant only break clause exercisable 6th June 2032. 1st & 2nd Floors – vacant. Duke of Wellington Mews – Let to a private individual on a month to month Tenancy at Will Agreement at a current rental of £18,000 per annum exclusive.
PROPERTY FACTS
AMENITIES
- Bus Line
- Commuter Rail
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The property briefly comprises of 1st & 2nd floor accommodation long established for Café The bar/dining area, generously proportioned kitchen/prep area and on 2nd floor private dining/function room. Separate male and female WC’s and cellar/storage area. The property is to be made available with the significant benefit of previous occupiers fit out remaining in situ, if required and in addition a range of trade fixtures and fittings and catering equipment. Details on application.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,266 SF | Restaurant | In-Line | Now |
1st Floor
| Size |
| 1,266 SF |
| Space Use |
| Restaurant |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,266 SF |
| Space Use | Restaurant |
| Position | In-Line |
| Available | Now |
The property briefly comprises of 1st & 2nd floor accommodation long established for Café The bar/dining area, generously proportioned kitchen/prep area and on 2nd floor private dining/function room. Separate male and female WC’s and cellar/storage area. The property is to be made available with the significant benefit of previous occupiers fit out remaining in situ, if required and in addition a range of trade fixtures and fittings and catering equipment. Details on application.
NEARBY MAJOR RETAILERS
Presented by
44 High St
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