21-23 High Street, Portishead, BS20 6AB
£78.03 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
12,944 sq ft
1,203 sq m
- SECTOR
High street retail property for sale
Description
* The property is situated on the eastern side of High Street, within the towns 100% prime retailing pitch.
* The property is let entirely to Poundland Limited until 15th October 2033 (TBO October 2029), at a rental of £85,000 per annum.
* The property benefits from solar panels on the roof that generate an additional income of £11,288.15 per annum.
* Total income of £96,288.15 per annum.
* Freehold.
We have been instructed to seek offers in excess of £1,010,000 (One Million and Ten Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 9.00%, assuming standard purchasers costs of 5.78%.
Brochures
21-23 High Street, Portishead, BS20 6AB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Avonmouth Station3.2 miles
- St. Andrews Road Station3.7 miles
- Shirehampton Station3.8 miles
About FMX Urban Property Advisers, FMX Urban Property Advisers
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