Prime investment opportunity in a strong market town
Affluent catchment population
AWULT of 10 years to undoubted covenants of The Range and Topps Tiles
Prominent site fronting an arterial road out of the town and at the front of the towns largest industrial estate
Purpose built retail warehouse plus a garden centre together with an adjacent second unit
39,394 sq ft GIA
Dominant DIY store for its catchment area (only competition from Homebase and Travis Perkins)
Total income of £426,900 per annum (low average rent of £10.83 psf)
Excellent car parking ratio of 1:231 sq ft
A large site of 3.07 acres providing a low site cover of 32%
Flexible 'wide bulky goods' planning permission
Short and medium term asset management opportunities
Freehold
Offers sought in excess of £5,950,000 (subject to contract)
Attractive 6.75% Net Initial Yield
