Domino's Pizza, 331 High Street, Sutton
Size
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Tenure
Freehold
EPC
Parking
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- Primary use
- Other
No floor / site plan
Key features
- Rarely Available Retail Investment
- Retail Unit and Upper Parts
- Let to DP Realty Limited t/a Dominos
- 14 Year Lease Expiring 19.12.2038
- Asset Management Potential Via 2027 Review
- ERV Approx £25,000 per annum
- Forms Part of a Popular High Footfall Parade
- Investment Let at £14,000 p.a. (7% GIY on Guide Price)
- ERV Reflects 12.5% Gross Yield on Guide Price
Description
Arranged as a ground floor retail unit with ancillary upper parts, the property is fully let to DP Realty Limited t/a Dominos on a 14 year lease expiring 19.12.2038 and paying £14,000 per annum.
The lease includes 5-yearly, upward only, open market rent reviews, with the next review 22.02.2027. We consider the Estimated Rental Value (ERV) of the property to be in the order of £25,000 per annum and therefore consider the property offers short-term asset management potential via improvement of rents.
The property occupies a prominent pitch fronting the high footfall Sutton High Street, the surrounding area is characterised by similar retail uses, with tenants including Topps Tiles, B&Q and a number of local occupiers.
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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Brochure
Domino's Pizza, 331 High Street, Sutton
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