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T U I, 147 Holton Road, Barry

Guide Price
£65,000

£58.98 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

1,102 sq ft

102 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Retail investment
  • Let to TUI UK Retail Limited
  • 5 Year Lease expiring 11.10.2028
  • Asset Management Potential Via Lease Renewal
  • 1,102 sq ft (102.38 sq m)
  • Prime Pedestrianised Street
  • Investment Let at £11,000 p.a. (16.92% GIY on Guide Price)

Description

This property comprises a high yielding retail investment situated on a prime pedestrianised pitch and is let to TUI UK Retail Limited.

Arranged across ground and first floors, the property is fully let to TUI UK Retail Limited on a lease expired 11.10.2028 and paying £11,000 per annum.

We consider the property offers evident asset management potential via renewal of the lease and improvement of rents, with the nearby 117 Holton Road recently letting for £19,500 per annum.

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.

Brochures

T U I, 147 Holton Road, Barry

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Barry Docks Station0.3 miles
  • Cadoxton Station0.8 miles
  • Barry Island Station1.0 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 29579672-4E98-4031-BB91-A2AB17D96F33. 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- Commercial. 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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