Opportunity to acquire a modern fully let retail parade
Highly prominent building on a busy road in an affluent residential suburb
5,329 sq ft split into 3 units with on road layby herringbone car parking and a rear servicing yard
Let to national tenants including Co-Operative Group Food Limited, Domino's and one established local tenant
Total passing rent of £71,000 per annum
Low average rent of just £13.32 psf
88% of the income secured against 5A1 covenants
Freehold
Average weighted unexpired lease term in excess of 11.7 years (9.6 years to expiry)
Offers in excess of £1,075,000 (Subject to Contract)
6.24% Net Initial Yield / £202 psf Capital Value
