The subject property itself comprises a substantial traditionally constructed, two storey, town centre retail property, set beneath a pitched and slated roof covering.
The property has been sub-divided in order to provide for 5 x self-contained retail units arranged across both ground and first floor levels, currently generating £83,777.38 per annum, rising to £102,777.38, upon completion of the lease in relation to Unit 5.
The units are all presently let by a range of occupiers, such as Derian House Children's Hospice Shops Ltd, Riley's Taproom and 2 x independent retailers, with an Agreement for Lease recently having exchanged in regards to Unit 5 (further details available on request).
The property benefits from a range of potential asset management opportunities, to increase the current income.
There is currently a service charge in place for the management of common external areas.