Sector
Retail Warehouse
Initial Yield
7.00%
Price
£1,850,000
Sale/Purchase
Sale
A retail warehouse scheme comprising 3 units totalling approximately 15,020 sq ft. The units are let to Halfords, Jollyes and Farmfoods at a passing rent of £136,950 pa, equating to £9.12 per sq ft, with a weighted average unexpired lease term of 11.4 years to expiries and 8.1 years to breaks.