Specsavers

£200,000.00

Property Description

Tenant
Specsavers

Description
Freehold Retail Commercial Unit over 2.5 floors

Lease Terms
11 year Lease remaining with Tenants only option to break on the sixth anniversary together with an upwards only rent review let to Specsavers

Passing Rent
£27,500 per annum in Year 1 increasing to £14,00 per annum in Year 2 – Aggregate rent £15,227 per annum

Purchase Price
200000

Gross Initial Yield (GIY)
7.61%

 

 

 

Specsavers

£200,000.00

Property Description

Tenant
Specsavers

Description
Freehold Retail Commercial Unit over 2.5 floors

Lease Terms
11 year Lease remaining with Tenants only option to break on the sixth anniversary together with an upwards only rent review let to Specsavers

Passing Rent
£27,500 per annum in Year 1 increasing to £14,00 per annum in Year 2 – Aggregate rent £15,227 per annum

Purchase Price
200000

Gross Initial Yield (GIY)
7.61%