135 Holton Road, Barry

The property comprises a high yielding retail investment situated on a prime pedestrianised pitch and let to Poundland with evident asset management potential.

Arranged across ground and first floors, the property is fully let to Poundland Limited, a long standing occupier of 10+ years on a lease which expired 23.09.2024 paying £100,000 per annum. We understand the tenant is continuing to pay rent and is therefore holding over.

We consider the property offers evident asset management potential via renewal of the lease and improvement of rents. The nearby 143 Holton Road was recently renewed to Iceland Foods Limited at a rent reflecting £5.82 per sq ft. If the same rent was applied to the subject property it would reflect an estimated rental value of £130,000 per annum.

We understand the tenant has recently served a Section 26 notice to renew the lease.

The property occupies a prominent pitch with a frontage to the prime pedestrianised pitch of Holton Road. The street comprises the principal retail amenity in Barry and benefits from both high footfall and low vacancy. The area is characterised by a mix of national retailers including Boots, Greggs, and Iceland.