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62 High St 2,854 SF 100% Leased Retail Building Redcar TS10 3DR $190,801 ($66.85/SF)
Investment Highlights
- High Yielding Retail Investment.
- Fully Let to PDSA.
- 2025 Break Option Not Exercised.
- Prime Pedestrianised Pitch.
- Retail Unit and Upper Parts.
- Five Year Lease Expiring 05.10.2027.
- 2,854 sq ft (265.14 sq m).
- Investment Let at £18,000 p.a. (12.85% GIY on Guide Price).
Executive Summary
Property Facts
Amenities
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Frozen Value Ltd
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They trade as Fultons Foods and Jack Fulton. The Company (Frozen Value Ltd) was founded by Jack Fulton in 1960, Jack sold the company in 1997 to Kevin Gunter in a Management Buy In. They trade from over 100 stores, with their heartland in Yorkshire and stores located from Hull to Lancashire and from Teesside to Nottingham. Their stores range from 2,000 to 6,000 square feet. In 2005 they moved to a new purpose built warehouse and distribution centre in Barnsley, which also houses the head office facility. This has enabled us to expand their growing store base and increase their product range.
- PDFA
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- 2,063 SF
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Frozen Value Ltd | - | - | - | - | ||
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| PDFA | - | 2,063 SF | - | - |
Nearby Major Retailers
Presented by
62 High St
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