Detached for sale

Property description

Shown on the Goad Street plan, the property is located on the south side of Church Street close to St Johns Square and the Winter Gardens, within the town's retail area. Fully Let to Cash Converters (Company No. 04716309. Creditsafe rating: Low Risk. With guarantor, JBG Holdings Ltd. (Company No. 06866012). Creditsafe Rating 'Low Risk' (Ratings at 19.06.15).

Property Reference INV530K

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Tenure

Freehold.
Tenant full repairing and insuring terms.
The tenant has not operated break clauses, so remains for the term.

Address: 127-129 Church St. (Basement, ground floor & part first floor).
Occupier: Cash Converters Lancs Ltd. (with guarantor)
Lease Term: 10yrs from 30.09.10
Repairs: Tenant all limited by schedule of condition.
Building Ins: Tenant repays Landlord costs.
Other Details: Tenant break at 5th yr - no longer operable/beyond notice period.
Rent Reviews: 30.09.15
Rent £22,000pa.

Address: 129 Church St. (Basement, ground floor & part first floor)
Occupier: Cash Converters Lancs Ltd. (with guarantor).
Lease Term: 12.04.11 until 30.09.20.
Repairs: Tenant all repairs.
Building Ins: Tenant repays Landlord Costs.
Other Details: As above.
Rent Reviews: 30.09.15
Rent: £19,000 pa

Total Rent: £41,000 pa

Photographs/Plans
Any photographs/plans were correct at the time of issue and are for reference rather than fact (plans available upon request).

Buy To Let
Prospective purchasers may like to note that the Chancellor's decision in the Summer 2015 budget to reduce tax relief on residential property ''Buy to Let'' loan interest will have no effect on the entitlement of buyers of this property to claim tax relief.

Viewing
Strictly by appointment through our office.

Property Features :

• Investment Property For Sale
• Town Centre, Blackpool
• Gross Income £41,000 pa
• Let to Cash Converters
• Private Finance Available (subject to status)