Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity let to the undoubted covenant of Card Factory and occupying a prime pedestrianised pitch.
Arranged across ground and first floors, the property is fully let to Sportswift Limited t/a Card Factory on a five year lease expiring 30.06.2028 and paying £19,400 per annum.
The lease includes the upper parts which are used as ancillary/storage space, but we consider there may be potential to convert to alternative uses, including residential (subject to the existing leases and any requisite consents).
The property benefits from a prominent pitch fronting the prime, pedestrianised, Market Street. Nearby occupiers include Greggs, Boots, Holland & Barrett and Subway.
Tenure
Freehold
Tenancy
The property is let to Sportswift Limited on a five year lease expiring 30.06.2028 and paying £19,400 per annum.
The tenant is a long standing occupier, with the current lease being a renewal of a previous lease. The lease includes a tenants break option in 2026.
Sportswift Limited (t/a Card Factory)
Sportswift is the principal trading entity for Card Factory, one of the UKs largest and most well known suppliers of gifts and cards, occupying over 1,000 stores nationwide.
Rent