Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity let to Oxfam, a long standing occupier, and situated on a prime pedestrianised street.
Arranged as two units across ground, first and second floors, the property is part let to Oxfam on a new five year lease producing £9,000 per annum. Unit 20A is currently vacant with Heads of Terms agreed for a new three year lease producing £11,000 per annum. Therefore the total expected rent is £20,000 per annum.
The property benefits from a prominent frontage to a pedestrianised square, set back from the prime Fore Street. Nearby occupiers include British Heart Foundation, Boots and Iceland.
Tenure
Freehold
Tenancy
The property is part-let to Oxfam on a new five year lease producing £9,000 per annum.
The lease is on full repairing and insuring terms and includes a tenant break option in the third year.
Unit 20A has Heads of Terms agreed for a new three year lease at £11,000 per annum.
Oxfam
Oxfam is one of the UKs most recognisable charities with more than 500 stores nationwide.
Rent