Prime retail warehouse investment opportunity in an affluent town
Prominent site fronting an arterial road out of the town and at the front of the town's largest industrial estate
Purpose built retail warehouse with seperate external garden centre of 29,178 sq ft
Dominant DIY store for it's catchment area
Excellent car parking ratio of 1:233 sq ft
A large site of 2.15 acres providing a low site cover of approximately 32%
Flexible 'wide bulky goods' planning permission
Let to HGGL Ltd (formerly Homebase Ltd) for a further 8.5 years
Current passing rent of £364,725 per annum (£12.50 psf)
Short and medium term asset management/development opportunities
Offers sought in excess of £4,900,000 (STC)
Attractive 7% Net Initial Yield
