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93 Spring Gardens, Buxton, SK17 6BP

Offers in Region of
£200,000

£233.64 per sq ft

Business rates & charges may apply

Hallams Property Consultants, Macclesfield
SIZE AVAILABLE

856 sq ft

80 sq m

SECTOR

High street retail property for sale

Key features

  • Strong Covenant Tenant
  • Prime Retail Location
  • £14,000 rent passing
  • Secure Income Stream

Description

The property comprises a well-configured retail unit let to Oxfam with a store/outbuilding to the rear, producing £14,000 per annum in rental income.

The lease is protected under the Landlord and Tenant Act 1954, and expires on the 29th February 2029, with five-yearly rent reviews— the last two of which have not been enacted. The lease is on a Full Repairing and Insuring (FRI) basis, managed by the freeholder, with all costs fully reimbursed by the leaseholders.

The upper floors consist of two residential apartments, each sold on long leaseholds at a peppercorn rent with approximately 200 years remaining.

93 Spring Gardens occupies a prime position in the heart of Buxton’s main retail parade. Spring Gardens is the town’s principal shopping street, home to a strong mix of national and independent retailers. Buxton is a thriving spa town on the edge of the Peak District, benefitting from high footfall driven by tourism and a strong local economy. The property is well-positioned near major car parks and public transport links, making it a highly accessible and attractive retail destination.

Strictly by appointment with sole agents Hallams Property Consultants.

The premises are available by way of Freehold Disposal.

Brochures

93 Spring Gardens, Buxton, SK17 6BP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Buxton Station0.2 miles
  • Dove Holes Station2.9 miles
  • Chapel-en-le-Frith Station3.7 miles

About Hallams Property Consultants, Macclesfield

CHURCHILL CHAMBERS Churchill Way Macclesfield SK11 6AS

Hallams Commercial is an established firm of Chartered Surveyors operating throughout the north of England and the Midlands with offices in Manchester and Macclesfield.

We are a General Practice offering services in the following areas:-

- Commercial Agency and Investment

- Valuations and Surveys

- Property Management

- Landlord and Tenant

- Rent reviews and lease renewals

- Rating

- Project management

- Building Consultancy

With our extensive expertise and services we are able to offer our clients independent advice and solutions on all aspects of commercial property & we are a member of RICS

Notes

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Disclaimer - Property reference 279604-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hallams Property Consultants, Macclesfield. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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