91B-93 Front St 1,589 sq ft Retail Property Arnold NG5 7EB £160,000 (£100.69/sq ft)

High Yielding Retail Investment Let to Luxury Leisure t/a Admiral Casino 10 Year Lease Expiring 31.01.2027 - Tenant Recently Renewed Occupation of Adjacent Unit (which they have interlinked with the subject property) Investment Let at £25,200 per annum
About this property
The property comprises a high yielding retail investment let to Admiral Casino and forming part of a popular local parade. Arranged across ground and first floors, the property is fully let to Luxury Leisure t/a Admiral Casino & Kwik Tan on a 10 year lease expiring 31.01.2027 and paying £25,200 per annum. We consider the property offers asset management potential via renewal of the lease. The tenant also occupies the two adjacent units and has interlinked to form a single retail space. The tenant recently commenced a new 10 year lease on this unit emphasising their commitment to the location. The property forms part of a popular local parade with a frontage to Front Street, the principal retail amenity in Arnold. The parade is characterised by a mix of local and national occupiers with nearby tenants including Boots, British Heart Foundation and Iceland.