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The property comprises a high yielding dental surgery investment occupying a prominent corner pitch.
Arranged across first floor only with access at ground floor level from Union Street, the property is fully let to Whitecross Dental Care Limited t/a Mydentist on a renewed 15 year lease expiring 11.11.2040 and paying £17,000 per annum.
The lease includes fixed rental uplifts every 5 years, rising to £19,210 per annum in 2030 and £21,707 per annum in 2035.
The tenant is a long-standing occupier, having been in occupation for over 10 years. We understand the premises was used as a dentist surgery for over 10 years prior to the current tenants occupation.
The property occupies a prominent corner pitch fronting Union Street forming part of the principal retail amenity within Yeovil. Quedam Shoping Centre is approx. 50 metres from the property with tenants including Dunelm, H&M, Holland & Barrett and Iceland.
Tenure
Freehold - "Flying Freehold" Please Refer to Legal Pack
Tenancy
The property is fully let to Whitecross Dental Care Limited t/a Mydentist on a renewed 15 year lease expiring 11.11.2040 and paying £17,000 per annum.
The lease includes fixed rental uplifts and tenant break options every 5 years, rising to £19,210 per annum in 2030 and £21,707 per annum in 2035.
Whitecross Dental Care Limited
The lease includes a guarantee from Integrated Dental Holdings Limited.
Rent