Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a high yielding retail investment occupying a pitch on a pedestrianised thorughfare connecting two principal streets.
Arranged across ground floor only, the property is let to private individuals on a recently signed five year lease expiring 01.04.2031 and paying £6,500 per annum.
The lease is on internal repairing and insuring terms and includes annual rent reviews linked to CPI.
The property benefits from a frontage to The Arcade, a pedestrian thoroughfate connecting Batholomew Street and Market Square. Nearby occupiers include a number of boutique occupiers and national retailers including Zizzi, Lloyds Bank and Gails.
The former Kennet Shopping Centre is to the south and is currently undergoing redevelopment to provide 317 new homes.
Tenure
Leasehold - New 999 Year Lease - Peppercorn Rent
Rent