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36a New Park Street, Devizes

Guide Price
£70,000

£56.09 per sq ft

Business rates & charges may apply

Savills, Savills, Auctions
SIZE AVAILABLE

1,248 sq ft

116 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Retail Investment
  • Let to a Local Hairdressers
  • Lease Expires 21.10.2031
  • Recently Renewed Lease
  • Approx. 1,248 sq ft (116 sq m)
  • Prominent Corner Pitch in Affluent Town
  • VAT-Free Investment
  • Investment Let at £9,000 p.a. (12.86% GIY on Guide Price)

Description

The property comprises a high yielding retail investment let to a popular local hairdressers and occupying a prominent corner pitch.

Arranged across ground and first floors, the property is let to a private individual on a lease expiring 21.10.2031 and paying £9,000 per annum. The lease is a renewal of a previous lease, displaying confidence in the location, with the tenant having been in occupation since 2017.

The property occupies a prominent corner pitch with a frontage to New Park Street, a principal arterial route benefitting from high footfall. The property also benefits from a return frontage to Couch Lane. The surrounding area is characterised by a number of boutique and local retailers.

Brochures

36a New Park Street, Devizes

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Melksham Station6.7 miles

About Savills, Savills, Auctions

33 Margaret Street, London, W1G 0JD

Notes

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