Head Lease On Tenanted A5 Property For Sale |
| Birmingham West Midlands |
| A Head lease is for sale on a Tenanted A5 takeaway situated in Southern Birmingham in a busy residential area. Current tenant has been in occupation for the past three years and has an additional 2 years left to run. Lease to let or rent Head Lease On Tenanted A5 Property For Sale is located in West Midlands. |
| ADVERT NUMBER : 50439
ADVERT IMPRESSIONS : 16,466 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Private Sale | LEASEHOLD: | £34950 | ANNUAL RENT: | £10.00 | | | |
| BUSINESS DETAILS: | The Head lease of this busy A5 takeaway is for sale in Birmingham. The current Tenant started the business and has been in occupation for the past three years of a 6 year term from 1st March 2007. The Tenant has no option to break the lease and the current rental received per year is £5940. We are selling the Head Lease on this property to which currently has 37 years unexpired at a peppercorn rent of below £10 per year. An ideal opportunity for an investor to make a profit year on year. The lease states a provision for the person who holds the head lease to enter the premises and take possession of the equipment and takeaway if the Tenant fails to pay the rental. | | | | | | UNDER OFFER | | | | | | | | | |
