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

Categories:

Commercial

Tags:

Grant Cormack , Investments , Retail

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