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Withdrawn Prior
Sold
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Sold Post
The property comprises a high yielding retail investment situated on a prime pedestrianised pitch and let to Natwest on a a new lease.
Arranged across ground and first floors, the property is fully let to National Westminster Bank Plc (t/a Natwest) on a new five year lease expiring 20.01.2030 and paying £19,500 per annum.
The tenant is a long-standing occupier of 10+ years with the current lease being a renewal, displaying confidence in the location.
The property occupies a prominent corner pitch with a frontage to the prime pedestrianised pitch of Holton Road, with a return frontage to King Square. The street comprises the principal retail amenity in Barry and benefits from both high footfall and low vacancy. The area is characterised by a mix of national retailers including Boots, Greggs, and Iceland.
Tenure
Freehold
Tenancy
The property is let to National Westminster Bank Plc (t/a Natwest) on a new five year lease expiring 20.01.2030 and paying £19,500 per annum.
The lease is on full repairing and insuring terms and includes a tenants break option in the third year.
National Westminster Bank Plc
Rent