Investment---Gloucester_sold

Status: Sold

Terms: Virtual Freehold

Price: £1,940,000

Yield: 7.5%

Block A, Whittle Square, Gloucester GL3 4AA

  • Prime 6 unit retail parade investment fully let to established national brands
  • Situated on the established Gloucester Business Park adjacent to a substantial Tesco Extra foodstore (with Petrol), Virgin Active Gym & Rackets Club, Brewers Fayre Pub & Premier Inn hotel
  • Virtual freehold – 999 year long leasehold at peppercorn
  • Providing 6,696 sq ft of recently developed retail accommodation
  • Income secured against Costa Coffee, Ladbrokes, Subway, Greggs, Domino’s Pizza & Reflections Hair & Beauty
  • Average term to lease expiry circa 13 years, WAULT 7.5 years
  • Total income £153,859 per annum
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