Buy a Freehold Commercial Investment , Walsall For Sale business for sale in Walsall on BusinessesForSale.com

  • Advert ID: 659371
  • (Seller ref: 4013)

Freehold Commercial Investment , Walsall For Sale


Location:
Category:

Listed by:

Asking price:
£1,700,000
Sales revenue:
Available on request
Net profit:
Available on request


The property comprises a modern extensive ground floor retail unit with ancillary, staff and storage accommodation on first floor. The entire property is let to New Look Retailers Ltd, guaranteed by New Look Ltd, for a term of 25 years. Rent £134,500. We understand that the unit is not currently occupied. The tenant has an option to determine the lease on 25th December 2011. 25 years FRI lease. Gross initial yield of 7.9%. Offers are invited in the region of 1,700,000.


Property:
Freehold

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