7a Union Street, Yeovil
£81.10 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,603 sq ft
149 sq m
- SECTOR
Office for sale
Key features
- High Yielding Dental Surgery Investment
- Let to MyDentist
- Renewed 15 Year Lease Expiring 11.11.2040
- Tenant In Occupation for 10+ Years
- Premises Used as Dentist for 20+ Years
- Fixed Rental Uplifts
- 1,603 sq ft (148.95 sq m)
- VAT-Free Investment
- Investment Let at £17,000 p.a. (13.08% GIY on Guide Price)
- Fixed Uplifts Reflect 16.7% Yield on Guide Price
Description
Arranged across first floor only with access at ground floor level from Union Street, the property is fully let to Whitecross Dental Care Limited t/a Mydentist on a renewed 15 year lease expiring 11.11.2040 and paying £17,000 per annum.
The lease includes fixed rental uplifts every 5 years, rising to £19,210 per annum in 2030 and £21,707 per annum in 2035.
The tenant is a long-standing occupier, having been in occupation for over 10 years. We understand the premises was used as a dentist surgery for over 10 years prior to the current tenants occupation.
The property occupies a prominent corner pitch fronting Union Street forming part of the principal retail amenity within Yeovil. Quedam Shoping Centre is approx. 50 metres from the property with tenants including Dunelm, H&M, Holland & Barrett and Iceland.
Brochures
7a Union Street, Yeovil
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Yeovil Pen Mill Station0.8 miles
- Yeovil Junction Station1.4 miles
- Thornford Station3.0 miles
Notes
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