6 & 8 North Street, Leighton Buzzard, Bedfordshire, LU7 1EN
FREEHOLD INVESTMENT WITH PLANNING PERMISSION TO CONVERT GROUND/FIRST FLOOR OFFICES TO 3 FLATS & ADDITIONAL SHOP
Tuesday, 14th September 2021 12:00am
A two storey, Grade II Listed property comprising a double shop with separate front access to ground/first floor offices and a yard with parking. Located within this attractive market town, close to the High Street and about ¾ mile from Leighton Buzzard railway station.
6 North St: 853 sq ft (79.3 sq m) plus 3 parking spaces
Let on a repairing and insuring lease to Keech Hospice Care (having 33 branches) for 10 years from 16.01.2020 at £13,500 p.a. Rent review and tenant's break 2025.
Ground & First Floor Offices, 8 North St:
1,314 sq ft (122.1 sq m) plus 3 parking spaces
Let on a Law Society Business Lease to A Ryder & D Ryder from 29.09.2020 to 23.06.2023 at £15,000 p.a. Rolling mutual break on 3 months' notice. The provisions of sections 24-28 of the Landlord & Tenant Act 1954 (security of tenure) are excluded.
EQUIVLANT TO £28,500 p.a. WITH PLANNING PERMISSION TO CONVERT GROUND/FIRST FLOOR OFFICES TO 3 FLATS & ADDITIONAL SHOP
Planning Permission GRANTED by Central Bedfordshire Council on 21.08.2020 Ref: CB/19/00718/FULL for conversion of first floor to 3 flats.
Plans show 3 x 1 bed flats and a ground floor shop:
Flat 1 - 473 sq ft (44 sq m)
Flat 2 - 452 sq ft (42 sq m)
Flat 3 - 484 sq ft (45 sq m)
Shop - 247 sq ft (23 sq m)
1. VAT is payable (TOGC available).
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 firstname.lastname@example.org
The property is within a conservation area.