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19-19A Fore St 10,081 sq ft 100% Let Retail Property Bridgwater TA6 3NH £325,000 (£32.24/sq ft) 6.92% Net Initial Yield
Investment Highlights
- Freehold retail investment in Bridgwater town centre.
- Passing rent of £22,500 pa with fixed uplift to £25,000 pa in 2028.
- Let to Superdrug Stores Plc on FRI lease.
Executive Summary
Freehold retail investment opportunity let to Superdrug Stores Plc. The property produces a current income of £22,500 per annum exclusive, increasing to £25,000 per annum exclusive from December 2028 under a fixed rental uplift. Offers are invited in excess of £325,000, reflecting an attractive reversionary investment opportunity in a town centre location.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
10,081 sq ft
Costar Property Class
B
Year Built
1878
Price
£325,000
Price per sq ft
£32.24
Yield
6.92%
NOI
£22,500
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.68
Total Plot Size
0.14 ac
Frontage
44 ft on Fore St
Amenities
- 24 Hour Access
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Nearby Major Retailers
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19-19A Fore St
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