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19-19A Fore St 10,081 SF 100% Leased Retail Building Bridgwater TA6 3NH $437,257 ($43.37/SF) 6.92% Cap Rate
Investment Highlights
- Freehold retail investment in Bridgwater town centre.
- Passing rent of £22,500 pa with fixed uplift to £25,000 pa in 2028.
- Let to Superdrug Stores Plc on FRI lease.
Executive Summary
Freehold retail investment opportunity let to Superdrug Stores Plc. The property produces a current income of £22,500 per annum exclusive, increasing to £25,000 per annum exclusive from December 2028 under a fixed rental uplift. Offers are invited in excess of £325,000, reflecting an attractive reversionary investment opportunity in a town centre location.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
10,081 SF
Building Class
B
Year Built
1878
Price
$437,257
Price Per SF
$43.37
Cap Rate
6.92%
NOI
$30,272
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.68
Lot Size
0.14 AC
Frontage
44’ on Fore St
Amenities
- 24 Hour Access
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Nearby Major Retailers
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19-19A Fore St
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