Your email has been sent.
130 High St 1,358 SF 100% Leased Retail Building Gillingham ME7 1AS $257,876 CAD ($189.89 CAD/SF)
INVESTMENT HIGHLIGHTS
- High Yielding Retail Investment
- Let to Holland & Barrett
- HoTs Agreed for Renewal
- Prime Pedestrianised Pitch
- Investment Let at £18,640 p.a. (13.3% GIY on Guide Price)
- Retail Unit and Upper Parts
- Tenant Holding Over
- Asset Management Potential Via Renewal
- VAT-Free Investment
EXECUTIVE SUMMARY
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.
PROPERTY FACTS Under Contract
AMENITIES
- Security System
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- -
- 1,358 SF
- -
- -
Holland & Barrett International is one of the world’s leading health and wellness retailers and the largest in Europe, founded by William Holland and Alfred Barrett in Bishop's Stortford, Hertfordshire, in 1870. In 1920 Samuel Ryder, the man behind golf’s Ryder Cup, started selling seeds by post from his garden shed, a venture that grown into a successful mail order company Heath & Heather. It was renamed Holland & Barrett in 1970. Holland & Barrett is now supplying its customers with a wide range of vitamins, minerals, health supplements, specialist foods and natural beauty products and have over 145 years of experience in the industry. The majority of their portfolio is based in the UK with owned stores, in addition they have stores in Belgium, Sweden, Holland and the Republic of Ireland.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
- | 1,358 SF | - | - |
NEARBY MAJOR RETAILERS
Presented by
130 High St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.