60 Newland Street

Description

Located on the north side of Newland Street in the heart of the town centre, this terraced property which was constructed in 1841 and is Grade II Listed and over ground and two upper floors is of solid brick construction with parapet and pitched tiled roof and benefits from a modern double fronted fully glazed shop front with timber sashes above with self-contained flats above.

Tenancies
• The ground floor and basement has been let on a Full repairing and insuring 7-year lease starting from March 2025 with the following rents:
Year 1 - £11,000 pax
Year 2 - £11,250 pax
Year 3 - £11,500 pax
Year 4 - £11,750 pax
Year 5 - £12,000 pax
Year 6 - £12,000 pax
Year 7 - £12,000 pax
• Flat One is let by way of an AST at £900pcm expiring on 27th February 2026.
• Flat Two is let by way of an AST at £900pcm expiring on 30th May 2026.