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Sold
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The property comprises a high yielding retail investment forming part of a high footfall local parade.
Arranged across ground and first floors, the property is fully let to an individual t/a Staystrong Gym on a 5 year lease which expires 15.12.2030 and paying £14,400 per annum, subject to a rent review on 16.12.2026 and a tenant break option at 16.12.2027.
The property occupies a prominent position and forms part of a popular local parade. The parade enjoys low levels of vacancy and high levels of footfall due to a number of large residential blocks in the area. The property also benefits from a prominent frontage to the busy Bath Road, and benefits from a nearby pedestrian overpass, further adding to footfall.
Tenure
Leasehold - Approx 69 Years Unexpired - Please Consult the Legal Pack
Rent