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For sale

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investment

Offers invited at £750,000

66 The Parade, Leamington Spa, CV32 4DB

362m² (3904 ft²)

Excellent freehold retail investment in a popular tourist/spa town adjacent to M&S.  Current Income £45,000 pa, rebased from £77,500.

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Property Information

  • Let to White Stuff Limited on a lease expiring 30th April 2028 (tenant in occupation for in excess of 13 years)
  • 100% trading position in popular tourist/spa town
  • Adjacent to M&S and H&M and opposite Royal Priors Shopping Centre
  • ERV Circa £55,000
  • Offers invited at £750,000 to show an initial yield of 5.62% and a reversionary yield of 6.88% net of purchasing costs at 6.85%

Reference No: 11776

Contact Agent

Noel Roper

T: 07711 211 511

E: noel@fhp.co.uk

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