Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment situated on a prime pedestrianised pitch and let to the undoubted covenant of Boots.
Arranged as four retail units across ground and first floors, the property is fully let on two co-terminating leases to Boots UK Limited, a long standing occupier of 10+ years on a 10 year lease expiring 23.06.2026 and paying £75,750 per annum.
We consider the property offers evident asset management potential via renewal of the existing leases, or alternatively letting the four units separately upon expiry.
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 Natwest.
Tenure
Freehold
Tenancy
The property is fully let on two co-terminating leases to Boots UK Limited expiring 23.06.2026 and paying a total rent of £75,750 per annum.
Boots UK Limited
Rent
Notes
We understand the property is elected for VAT. It is anticipated the sale will be treated as a Transfer of a Going Concern (TOGC).