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Lot 3 - 33 Front Street

Lot 3 - 33 Front Street

Address

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Auction date

-

Guide price

£50,000

Type

Commercial

Tenure

Leasehold

EPC Rating

B

Status

-

Auction location placehbolder

Description

This commercial investment property is let to Ladbrokes Betting and Gaming Ltd with a new five-year lease starting on 25th March 2024. It offers a rebased rent of £8,200 per annum, representing a potential gross yield of 16.4%. The property, previously a betting shop, comprises a ground floor shop of 57 square meters. It is being sold on a long leasehold basis with approximately 985 years remaining. The upper floors are held separately.

  • Guide price can vary, but it is currently stated at £50,000+.
  • Tenant break option is available on the 24th March 2027.
  • The property is not elected for VAT.

EPC rating is B.

Last update: 04 Apr 2026

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