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The property comprises a high yielding retail investment let to the undoubted covenant of Santander UK Plc on a new five year lease.
Arranged across ground and first floors, the property is fully let to Santander UK Plc on a new five year lease expiring 27/09/2028 and paying a rent of £61,350 per annum.
Situated with a frontage to Dudley Street, the property forms part of the prime, pedestrianised retail area of Wolverhampton.
Tenure
Freehold
Tenancy
The property is let on a new five year lease to Santander UK Plc for a term expiring 27/09/2028 and paying £61,350 per annum.
The lease is on full repairing and insuring terms and has no breaks.
Santander UK Plc
Santander is one of the UKs largest retail banks with 14 million customers and approx. 450 locations. The company is a wholly owned subsidiary of Banco Santander which is a major international bank.
Rent