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Freehold block comprising retail units plus upper parts (sold off on long lease)
Investment let at £27,750 pa (plus vacant shop)
Let to tenants trading as William Hill and Premier Convenience store
Convenience store let until 2033 (no breaks)
William Hill let until 2028 (did not exercise 2023 break)
Asset management opportunities including letting of vacant shop
Register to bid on the Savills Auctions website by 5pm on 7 May
To be sold via online auction on 8 May, unless sold prior.
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About this property
Of interest to investors
Freehold block comprising three retail units plus upper parts (sold off on a long lease)
Investment let at £27,750 pa (plus vacant shop)
Additional information
The property comprises three shops, one fronting Cliff Street and two fronting Prince Street. The property includes the upper parts which have been sold off on a long lease.
Please see Tenancy & Accommodation Schedule on the Savills Auctions website.