Church Street, Welwyn, Hertfordshire, AL6
Property Details
Retail Property (high street)
Description
Property Details: • Type: Retail Property (high street) • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Opportunity • Substantial end terrace commercial property • Veterinary accommodation in excess of 1660ft2 on a Net Internal Area (NIA) basis • Private parking • Current passing rent of £31,000 per annum exclusive representing an attractive net initial yield of 7% after deducting standard purchasers costs of 5% • Strong Tenant covenant • In excess of 6 years unexpired • Increase only rent review September 2027 • Full repairing terms
Location: • Nearest Station: Welwyn North Station • Distance to Station: 1.0457684766615953 miles
Agent Information: • Address: Court Barn, West End, Magor, Monmouthshire, NP26 3HT
Full Description: Investment Opportunity<br /><br />A freehold veterinary premises within a popular village location with commercial accommodation over two floors and benefitting from a single storey extension to the rear. Let in its entirety to VetPartners Practices Limited, the property provides a secure and low maintenance investment<br /><br />
Location
Address
Church Street, Welwyn, Hertfordshire, AL6
City
Hertfordshire
Features and Finishes
Investment Opportunity, Substantial end terrace commercial property, Veterinary accommodation in excess of 1660ft2 on a Net Internal Area (NIA) basis, Private parking, Current passing rent of £31,000 per annum exclusive representing an attractive net initial yield of 7% after deducting standard purchasers costs of 5%, Strong Tenant covenant, In excess of 6 years unexpired, Increase only rent review September 2027, Full repairing terms
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