PRIME, WELL SECURED, COSTA COFFEE RETAIL INVESTMENT OPPORTUNITY

Posted by agllondon on April 25, 2018

59/60 Dudley Street, Wolverhampton, WV1 3EN

We have been instructed to dispose of the above new freehold investment and have pleasure in attaching marketing particulars.

 Outlined below are the salient points:

  • Wolverhampton is the second largest city in the West Midlands
  • Prime location on the pedestrianised Dudley Street, near the university campus
  • Well-configured freehold retail unit
  • National retailers nearby include Greggs, Patisserie Valerie, Marks & Spencer, Boots, Next, Primark, River Island, Clarks and Topshop/Topman
  • New 10-year lease without break to Costa Limited
  • £80,000 per annum from Costa, and £600 per annum ground rents

We are instructed to seek offers in excess of £1,320,000 (One Million Three Hundred & Twenty Thousand Pounds) for the Freehold interest, subject to contract and exclusive of VAT, showing a NIY of 5.76% assuming normal purchasers costs of 6.00%

For further information, please contact Tom Marsh or Robert Cooper.

 
 
 
 
HomebaseSainsburysCharlies DirectChristiesMECCA BingoWaitroseMRMURevcapWhatOaktreeMSILSpinkMunroeInternosKildareMorrisonsMcDonaldsConcarusGrosvenorE-vapoAvivaCBREArgosColthreadCapital & RegionalFairacreRed5Menkind