Investment Sales
Situated in a prime retail location.
Price: £1,300,000
Subject to contract
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- Situated in a prime retail location.
- Prominent dual frontage onto King Street and to the rear Smithy Street.
- Freehold.
- The property is let to Luxury Leisure, a subsidiary of The Noble Organisation.
- Trading as Nobles Amusements.
- 40% of the income sub – let to Greggs plc.
- A passing rent of £99,500 per annum.
- An unexpired term of c. 11 years.
- We are seeking £1,300,000 subject to contract
- Net initial yield – 6.9%
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