14 Institute Lane, Alfreton
£118.34 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
676 sq ft
63 sq m
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Let to the Air Ambulance Service
- Recently Renewed Five Year Lease Expiring 07.08.2029
- Long Standing Tenant of 10+ Years
- 676 sq ft (62.8 sq m)
- High Footfall Pedestrianised Pitch
- Investment Let at £11,000 p.a. (13.75% GIY on Guide Price)
Description
Arranged across ground floor only, the property is fully let to the Air Ambulance Service on a recently renewed five year lease expiring 07.08.2029 and paying £11,000 per annum. The tenant is a long standing occupier of 10+ years with their recent renewal displaying confidence in the location.
The property occupies a prominent pitch fronting the pedestrianised Institute Lane the principal retail amenity for the area. Nearby occupiers include SPecsavers, Home Bargains, Boots and Greggs.
Brochures
14 Institute Lane, Alfreton
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Alfreton Station0.8 miles
- Ambergate Station4.6 miles
- Whatstandwell Station4.9 miles
Notes
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