FHP

Nottingham 0115 950 7577

 

Derby 01332 343 222

 

Birmingham 0121 752 5500

 
 

fhp.co.uk

     
 
 
 

NEW TO THE MARKET - 14 & 14A HIGH STREET, UTTOXETER

    
 
 

14 & 14A High Street, Uttoxeter, ST14 7HT

Well let market town retail investment with sale and leaseback on part to Birds Bakery

 

For sale

204.93m² (2,206ft²)

The ground floor will be let to Birds (Derby) Ltd at £15,500 per annum exclusive on a 10 year lease inside the Act with a 5th year rent review. There will be a tenant option to break at the end of the 3rd and 6th year subject to not less than 6 months notice in writing

The first and second floor office accommodation is let to Specsavers Optical Superstores Ltd until 12th January 2031, with a tenant break right on the 12th January 2029 subject to serving not less than 6 months notice in writing at £6,000 pax

Nearby occupiers include Boots, Boots Opticians, Card Factory, British Heart Foundation, Grape Tree, Nottingham Building Society, Home Bargains, Barclays, BEAR and Asda

Offers invited at £250,000, which represents a net initial yield of 8.33% with assumed purchaser’s costs of 3.20%

 
 
 
 

Find out more

For more details and to arrange a viewing contact our specialist agents:

 

Alan Pearson

07876 396 005

alan@fhp.co.uk

 
     
 

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FHP
 

Nottingham 0115 950 7577

 

Derby 01332 343 222

 

Birmingham 0121 752 5500

 

fhp.co.uk

     
 

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