Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment let to Holland & Barrett and occupying a prime pedestrianised pitch.
Arranged as a ground floor retail unit with ancillary space to the upper parts, the property is fully let to Holland & Barrett Retail Limited on a lease which has expired. However we understand the tenant is continuing to occupy and is paying rent. We therefore consider the property benefits from asset management potential via renewal. We understand head of terms are agreed for a new three year lease.
The property occupies a prime pitch fronting the pedestrianised Gillingham High Street, the principal retail amenity for the surrounding area. The street is characterised by a mix of local and national retailers including Sports Direct, Costa, B&M and Boots.
Tenure
Freehold
Tenancy
Holland & Barrett Retail Limited
Rent