Retail Property, Investment Property
Property Overview
- Features
- Location
- Tenancy Schedule
- Covenant Information
- Title
- EPC
- Value Added Tax
- Proposal
- Contact
- Customer Due Diligence
Externally the property benefits from a glazed shopfront with Greggs signage and branding, while the upper floors are finished with a painted render.
The ground and first floors comprise a modern retail unit providing a sales area along with staff and customer WCs. The unit is fitted out to an excellent standard, in typical Greggs format.
Externally the property benefits from a glazed shopfront with Greggs signage and branding, while the upper floors are finished with a painted render. The ground and first floors comprise a modern retail unit providing a sales area along with staff and customer WCs. The unit is fitted out to an excellent
- Prominent retail unit occupying a prime site in the city centre
- Fully let on FRI terms to Greggs Plc
- Current rent of £32,500 p.a.x.
- Circa 4.25 years term certain
- Greggs PLC have a Credit Safe Risk Score of 88, reflecting the lowest level of risk
- Offers over £425,000 exclusive, subject to contract.
- Reflects a NIY of c. 7.25% after purchase costs of c. 4.15% and a capital value of £83.46 per sq.ft.
Accommodation
EPC: E
Full EPC certificate available on request.
Accommodation
| Accommodation | |
|---|---|
| Description | Area (Sq.Ft.) |
| Ground Floor Retail | 1,656 |
| First Floor - Staff | 1,477 |
| Second Floor - Stores | 1,959 |
| TOTAL AREA | 5,092 |
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