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Investment Highlights
- Adjacent to B&M.
- Value add investment.
- Reversionary yield of 10.79%.
- All units fall below business rates threshold.
Executive Summary
Reversionary multi let retail investment Freehold, multi let retail investment located adjacent to B&M with nearby occupiers including Dominos opposite, Heron and Bargain Booze. The parade includes 9 retail units let to local retailers which includes a butchers, greengrocers and hairdressers and two additional income sources from the Royal Mail and In Post. The current passing rent is £56,100 per annum on leases of 5, 6 and 12 years, commencing in either 2025 or 2026, a tenancy schedule is available on request. 5 car parking spaces included in the title, with shared parking opposite and 2 hours free parking. The parade of units fronts a shared town centre car park with B&M providing excellent access. Nearby occupiers include Heron, Bargain Booze and Dominos opposite. The property is elected to VAT.
Adjacent to B&M Reversionary yield of 10.79% Value add investment All units fall below business rates threshold In accordance with the Money Laundering Regulations prospective purchasers will be asked to produce identification of the intended purchaser and other documentation to support any offers submitted to the vendors.
Property Facts
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- 3,350 SF
- -
- -
Cohens Chemist is part of the Cohens Group and a well loved brand name in community pharmacy. The Company was established in 1980 and is now one of Britain's leading pharmacy chains with over 220 branches throughout the UK. They are located mainly in the community and increasingly within new community health centre developments. Cohens Chemist has created a comprehensive and innovative range of pharmacy services including free collection and delivery of prescriptions, repeat prescription services and home care packs. They also offer a wide range of enhanced services including health care checks, medicine usage reviews and weight management advice in their confidential consultation rooms.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | 3,350 SF | - | - |
Nearby Major Retailers
Presented by
16-18 Market St
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