High Yielding Retail Investment Forming Part of a Popular Local Parade Retail Unit and Upper Parts Fully Let to Admiral Casino on a 10 Year Lease Expiring 06.11.2029 - 2024 Break Option Not Exercised Investment Let at £25,000 per annum
The property comprises a high yielding retail investment forming part of a popular local parade. Arranged as a ground floor retail unit with associated upper parts, the property is fully let to Luxury Leisure Limited t/a Admiral on a 10 year lease expiring 06.11.2029 and paying £25,000 per annum. The tenant did not exercise their 2024 break option displaying confidence in the location. The property occupies a prominent pitch fronting Broadway, a popular street comprising the principal retail amenity for the surrounding residential area. Nearby retailers include Boots, Greggs, Card Factory and Lloyds Bank.