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The property comprises a high yielding, multi-let, retail investment opportunity occupying a prominent pitch on a popular pedestrianised parade.
Arranged as two retail units and upper parts, the property is fully let to two tenants producing a combined rent of £40,300 per annum.
20 Market Square is let to Marie Curie Cancer Care on a five year lease expiring 24.10.2028 and paying £20,000 per annum.
21 Market Square is let to Sequence (UK) Limited t/a William H Brown on a 10 year lease expiring 31.09.2026 and paying £20,300 per annum. We understand the tenant has engaged regarding a lease renewal and therefore we consider the property may benefit from asset management potential.
The property occupies a prominent corner pitch fronting the pedestrianised Well Croft and Market Square, forming part of a popular parade. The area is characterised by national retailers including Iceland, Specsavers, Greggs and HSBC.
Tenure
Leasehold - 199 Years Expiring 31.03.2155
Rent