Goadsby Instructed To Sell Retail Investment In Winton

Goadsby Instructed To Sell Retail Investment In Winton

28 February 2018
Goadsby Instructed To Sell Retail Investment In Winton

Acting on behalf of private clients, Goadsby have been instructed to sell 418-420 Wimborne Road, which is a retail investment let to Bonmarche Ltd.

The subject premises, occupying a prime position in Winton, provides a main sales area of 3,748 sq ft with 493 sq ft of ancillary storage. It is let to Bonmarche for a term of 10 years from August 2017 with a tenants break at the 5th anniversary.

The current rent passing is £43,000 per annum exclusive and the asking price is £595,000 which reflects a yield of 6.88% after deducting typical purchaser’s costs.

For further information on this property or for confidential advice on all retail/investment property matters Grant Cormack can be contacted on 01202 550135 or email: grant.cormack@goadsby.com




Grant Cormack , Investments , Retail

Related Articles

Community Partner News.....!

22 March

Our very own CEO James Croker and Community Apprentice Scott Curtis, took time out to present a Community Team shirt to Goadsby Estate Agents Managing Director, Paul Stewart recently.

Read more

“Goadsby - you sell and let property, don’t you?”

21 March

Paul Stewart, Managing Director of Goadsby Commercial comments, “Recently there have been a number of stories in the press about large corporations struggling and being forced to close outlets throughout the UK. However, small and medium businesses remain the bedrock of the British economy and the South of England continues to be a very attractive place to live and work”.

Read more

Earlier Business Rates Re-Valuation

14 March

Chancellor Philip Hammond announced a surprise change to business rates in his Spring Statement delivered on 13th March 2018, says Marcus Andrews, Chartered Surveyor at Goadsby.

Read more
Your session will expire in xx.xx
Continue or Log Out