90 High Street, 90 High Street, Scunthorpe
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Fully Let to The Works Stores Limited
- Five Year Lease Renewal from January 2023
- Producing £30,000 per annum
- Tenant in Occupation for 10+ Years
- 2,946 sq ft (273.7 sq m)
- Prime Pedestrianised Street
- Guide Price Reflects 17.6% Gross Yield
Description
Arranged across ground, first and second floors, the property is fully let to The Works Stores Limited on a five year lease from 06/01/2023 and paying £30,000 per annum. The current lease is a renewal of an existing lease and the tenant has been in occupation for over 10 years. We understand the tenant completed extensive refurbishment/fit-out works upon their lease renewal and the store has been fitted with the tenants new corporate branding.
Scunthorpe is one of the principal administrative and retail areas in Lincolnshire. The property occupies a prime pitch on the pedestrianised High Street, with nearby occupiers including Costa, Superdrug and JD Sports.
90 High Street, 90 High Street, Scunthorpe
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Scunthorpe Station0.4 miles
- Althorpe Station3.5 miles
Notes
Disclaimer - Property reference 1D894A44-59AD-454B-9EF0-B4B1BE46C4CE. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Savills, Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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