81-85 Front St 2,094 sq ft Retail Property Chester Le Street DH3 3AJ £175,000 (£83.57/sq ft) 14% Net Initial Yield

High yielding retail investment let to Lloyds Bank and occupying a prominent High Street position. Arranged across ground and first floors, the property is fully let to Lloyds Bank Plc on a 10 year lease expiring 31/10/2028 and producing £25,000 per annum. The property benefits from a rear yard and the tenant also occupies the adjacent unit.
The property benefits from a prominent frontage to Front Street, the principal retail amenity in the town. The street is characterised by a mix of local and national tenants including Costa, Specsavers and Boots. There is also a large Morrisons supermarket to the rear of the property