Prominent Retail Property

Prominent Retail Property

Wellingborough, United Kingdom

60%

£6.000.000

Retail

Core

6 Sep 2021

#11546

Property Details

321,954 sq.ft.

29,910 m²

Leasable area

18 £/sq.ft.

200 £/m²

Freehold

6

For sale

Authorized representative

X

Fees

9.00 %

0.50 %

9.00 %

0.00 %

0.50 %

Investment Overview

High Yielding Shopping Centre Investment Opportunity. The property comprises a building of steel frame construction, arranged over eight floors, with retail space on the basement, ground and first floors and office space on the remainder of the space. WAULT of 13.3 years to lease expiry (12.8 years to break). Offers invited in excess of £6 million/16.61% NIY assuming full purchaser's costs, exclusive of VAt and subject to contract.