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15-16 High St 10,081 SF 100% Leased Retail Building Yeovil BA20 1RQ $1,345,390 ($133.46/SF)
Investment Highlights
- Comprises ground floor retail with ancillary accommodation at basement
- Office / Retail Accommodation
- Superdrug In Situ For 26 years
- Town centre position close to Toni & Guy
- New 10 year Lease
- V.A.T Free Investment
Executive Summary
The property is available on a freehold investment basis for o/o £1,000,000. The property is held on a full repairing and insuring head lease expiring 2036 at a passing rent of
£80,000?er annum. Superdrug have been in out since 2000 There are rent reviews and tenants option to determine on 17th February 2031. The property comprises a fullsubstantial 3 storey building surmounted by a a pitched roof. The property offers substantial aluminium framed and glazed frontage with multiple automatic entrance doors. internally the property has been extensively fitted out by the tenant to their corporate specifications with recessed lighting with the suspended acoustic tile ceiling. Partitions have been erected to the rear to access the upper floors providing storage, staff staff facilities, w.c's and office.
£80,000?er annum. Superdrug have been in out since 2000 There are rent reviews and tenants option to determine on 17th February 2031. The property comprises a fullsubstantial 3 storey building surmounted by a a pitched roof. The property offers substantial aluminium framed and glazed frontage with multiple automatic entrance doors. internally the property has been extensively fitted out by the tenant to their corporate specifications with recessed lighting with the suspended acoustic tile ceiling. Partitions have been erected to the rear to access the upper floors providing storage, staff staff facilities, w.c's and office.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
10,081 SF
Building Class
B
Year Built
1890
Price
$1,345,390
Price Per SF
$133.46
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.75
Lot Size
0.31 AC
Frontage
61’ on High Street
Amenities
- 24 Hour Access
- Bus Line
- Controlled Access
- Security System
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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15-16 High St
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