Freehold £625,000 Guide Price
Investment Summary - An opportunity to acquire two quality retail assets located in Sutton (47 Lower Road) and East Molesey (49 Walton Road). - J P McDougall & Co Limited was founded in 1931 (Company No 00254941) with 240 stores nationwide. - Trade Paints sell a full range of interior and exterior decoration and protection products to include Dulux, Cuprinol, Polycell, Hammerite, Sikkens and Armstead. www.duluxdecoratorcentre.co.uk - The premises are both held on a Full Repairing and Insuring Lease for a term of 10 years from 13 August 2018, to expire 12 August 2028. Both Leases have a Tenant only break clause on 12 August 2023. - Rent reviews are due on both properties on 13 August 2023. - Total rental income £31,000 per annum exclusive. - We are seeking offers from £625,000, subject to contract, and exclusive of VAT, for the Freehold interest.