Investment Summary

51 & 51A London Road, Alderley Edge

  • Prominently located in affluent Alderley Edge
  • Two self contained retail units
  • 2,730 sq ft Net Internal Area
  • Let to Pedal Pulses Limited (t/a Margaret Dabbs) and Henry D Johnstone Jewellers Limited
  • 15-year FRI leases (Breaks at 5th and 10th years)
  • £72,000 per annum
  • 5 yearly upward only rent reviews to the higher of open market rental value or RPI (all Items)
  • Long leasehold (Freehold available by separate negotiation)
  • Offers in the region of £1,135,000 (STC)
  • Attractive Net Initial Yield of 6%
 
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