8th July 2021
The premises are offered as a retail investment occupied by a long standing tenant located in a prominent position in the centre of the popular village of Cottingham . Cottingham is reported to be the largest village in England having a population of circa 17,000. The central area provides a mix of national tenants interdipused with local occupiers including a Coop Supermarket , Sainsburys convenience store , Heron Foods , Holland and Barratt , Savers , Costa Coffee ,Boots and Lloyds Pharmacies.
The premises comprise a self contained two storey property with display window at ground floor , the retail area is open plan with a total ground floor area of 37.16sqm ( 400sqft ) plus wc . There are two first floor rooms with a total area of 25.18sqm (271sqft).
The premises are subject to a lease expiring in 2023 at a passing rent of £7,200pa ( we belive there is scope for an increase at renewal ) .
Offers are being sought for the freehold subject to the lease in the region of £110,000.