Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment let to Boots on a recently renewed lease.
Arranged across ground first and second floors, the property is fully let to Boots UK Limited on a five year lease expiring 28.11.2029 and paying £11,750 per annum. The tenant has recently renewed the lease, displaying confidence in the location, and has been in occupation for 15+ years.
The property benefits from a prominent frontage to Murray Road, one of the principal retail streets in Workington. The area therefore benefits from high footfall and is characterised by a number of local and national retailers including Superdrug, Savers, Cancer Research and Salvation Army.
Tenure
Leasehold - 999 Year Leasehold - Peppercorn Rent
Tenancy
The property is let to Boots UK Limited on a five year lease expiring 28.11.2029 and paying £11,750 per annum.
The tenant has recently renewed the lease, displaying confidence in the location, and has been in occupation for 15+ years. The lease is on full repairing and insuring terms and includes a break option in the third year.
Boots UK Limited
Rent