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This property comprises a high yielding retail investment situated on a prime pedestrianised pitch and is let to TUI UK Retail Limited.
Arranged across ground and first floors, the property is fully let to TUI UK Retail Limited on a lease expired 11.10.2028 and paying £11,000 per annum.
We consider the property offers evident asset management potential via renewal of the lease and improvement of rents, with the nearby 117 Holton Road recently letting for £19,500 per annum.
The property occupies a prominent pitch with a frontage to the prime pedestrianised pitch of Holton Road. 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 TUI UK Retail Limited on a five year lease expiring 11.10.2028 and paying £11,000 per annum.
The lease is on full repairing and insuring terms and includes a rent review in October 2025. We understand the tenant has been in occupation for 15+ years.
TUI UK Retail Limited
Rent