Property Type
Tenure
Freehold
Energy Rating
Grade C
Property description
Retail investment for sale in thriving University town, let to Peacocks on a 5 year lease from 1st September 2021. The property comprises a substantial two-storey building arranged predominantly as a large retail unit on the ground floor and part first floor to the front section, with a substantial car park to the rear with access from Parke Street with space for up to 20 vehicles.
Price
We are instructed to seek offers in the region of £600,000 (Six Hundred Thousand Pounds) to reflect an attractive Net Initial Yield of 10.45%.
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