Overview
Description
Location
Two ground floor retail units with ground rents to first floor flats.
43 High Street - Let to Deli on a 10 year full repairing lease expiring on 1st March 2034 and they are currently negotiating another 10 year. Passing rent £18,000 pa subject to review upward only linked to CPI every second year with a collar of 2% and a cap of 5%.
45 High Street - Let to Homes on Web on a 5 year full repairing and insuring lease expiring in 2030. Passing rent £14,500 pa.
6 St Johns Terrace - Tenant to be confirmed. Licence to Occupy. Monthly rent £350.
Ground rents in respect of Flats 2, 4, 8 & 10 with 106 years remaining at peppercorn.
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43-45 High Street, Newport Pagnell, MK16 8AR
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