Investment Sales
Situated in a just off prime location in the heart of the City.
Price: £515,000
Subject to contract
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- Situated in a just off prime location in the heart of the City.
- The property is adjacent to The Gates Shopping Centre and a two minute walk from Silver Street.
- Freehold.
- The property is let to Luxury Leisure, a subsidiary of The Noble Organisation.
- Trading as Nobles Amusements.
- A passing rent of £35,000 per annum.
- An unexpired term of c.11 years.
- We are seeking a price of £515,000 subject to contract.
- Net initial yield – 6.43%
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