Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a vacant retail unit with evident asset management potential and benefitting from a prominent corner pitch.
Arranged as a ground floor retail unit, the property is offered with vacant possession and presents an evident asset management opportunity via letting to create a high yielding investment.
The adjacent 15 Front Street is let at £11,250 per annum and we consider that the property may let for in excess of this figure given the prominent position and return frontage.
The property occupies a prominent pitch on Front Street, the principal retail amenity for the area. The property benefits from a corner pitch with a return frontage to John Street. The area is characterised by a mix of local and national tenants with the principal grocery/supermarket amenity being directly opposite with Heron Foods and Tesco.
Tenure
Leasehold - 999 Years Lease - Peppercorn Rent