Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment opportunity situated on a busy, high footfall street.
Arranged across ground, first and second floors, the property comprises a ground floor retail unit with six flats to the upper parts.
The ground floor is let to Private Individuals on a 10 year lease expiring 12/11/2028 and producing £21,000 per annum. The upper parts are sold off on a long leasehold basis at a peppercorn rent.
We consider the property to be reversionary, with nearby units letting for approx. £25,000 per annum.
The property is located on a popular high footfall street with low levels of vacancy. Nearby occupiers include Boots, Costa, Londis and Card Factory.
Tenure
Freehold
Rent