Withdrawn
Withdrawn Prior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 Iceland on a a new lease.
Arranged across ground and first floors, the property is fully let to Iceland Foods Limited on a new five year lease expiring 25.03.2030 and paying £55,000 per annum.
The tenant is a long-standing occupier of 10+ years with the current lease being a renewal, displaying confidence in the location.
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 Heron Foods.
Tenure
Freehold
Tenancy
The property is let to Iceland Foods Limited on a new five year lease expiring 25.03.2030 and paying £55,000 per annum.
The tenant is a long standing occupier of 10+ years and the rent is rebased from £83,000 per annum displaying the tenants renewed commitment to the location.
The lease is on full repairing and insuring terms.
Iceland Foods Limited
Rent