The Entertainer, 80-81 High Street, Midsomer Norton, Radstock
Guide Price
£210,000
£52.21 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,022 sq ft
374 sq m
- SECTOR
Commercial property for sale
Key features
- High Yielding Retail Investment
- Retail Unit and Upper Parts
- Fully Let to The Entertainer
- Six Year Lease Expiring 28.01.2028
- Long-Standing Occupier of 20+ Years
- 4,022 sq ft (373.64 sq m)
- Investment Let at £30,000 p.a. (14.29% GIY on Guide Price)
Description
The property comprises a high yielding retail investment let to an established and long-standing occupier on a high footfall street.
Arranged as a double fronted ground floor retail unit with ancillary space to the first and second floors, the property is fully let to The Entertainer (Amersham) Limited on a six year (plus one day) lease expiring 28.01.2028 and paying £30,000 per annum. We understand the tenant has been in occupation for over 20 years.
The property occupies a prominent pitch fronting Midsomer Norton High Street, the principal retail amenity for the affluent surrounding area. Nearby occupiers include Lidl, Poundland, Sainsbury's and Costa.
Arranged as a double fronted ground floor retail unit with ancillary space to the first and second floors, the property is fully let to The Entertainer (Amersham) Limited on a six year (plus one day) lease expiring 28.01.2028 and paying £30,000 per annum. We understand the tenant has been in occupation for over 20 years.
The property occupies a prominent pitch fronting Midsomer Norton High Street, the principal retail amenity for the affluent surrounding area. Nearby occupiers include Lidl, Poundland, Sainsbury's and Costa.
The Entertainer, 80-81 High Street, Midsomer Norton, Radstock
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Oldfield Park Station7.6 miles
Notes
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