07/05/2010 -
SIPP Syndicate 18 - Fulham
The property is centrally situated in the affluent London district of Fulham in a high density residential neighbourhood.
The syndicate is purchasing the ground floor shop and basement on a 999 year lease.
Budgens Stores Ltd have a 25 year lease on the whole of the ground floor and basement taken out in 2003.
The annual rent is £102,500 per annum, subject to five yearly upward only rent reviews. The lease is full repairing and insuring.
There are no break options within the lease over the entire period, therefore there are 18 years minimum remaining.
Please click on the link to view prospectus: SIPP Syndicate18 Fulhamv2.pdf
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