BB&J Commercial is delighted to bring a prime retail investment opportunity to the market.
Located in the heart of Woodville, Swadlincote, Unit 3, 42 High Street is an attractive proposition for investors seeking a strong investment.
A Well-Positioned Investment
This single-storey, end-terraced retail property is situated in a prime position on Woodville’s bustling High Street (A511). Adjacent to neighbouring national retailers Tesco Express and Greggs Bakery, the property benefits from high levels of passing traffic and footfall.
The property is currently let to Upo’s Fish Bar (Woodville) Limited, with a 14-year full repairing and insuring (FRI) lease commencing on 7th August 2024. The lease offers an annual passing rent of £26,000, providing a gross yield of 7.27%. With upwards-only rent reviews at the 5th and 10th anniversaries, this investment presents strong potential for long-term returns.
Key Property Features
- Lease Details: 14-year FRI lease with no break clauses.
- Current Rent: £26,000 per annum.
- Yield: Gross yield of 7.27%.
- Size: Total Net Internal Area of 1,358 sq ft (126 sq m).
- Facilities: Retail area, food preparation room, partitioned office, WC, and two walk-in refrigerators.
- Parking: Shared parking for up to 15 vehicles.
Prime Location
Situated on the A511, this property benefits from excellent connectivity to Burton upon Trent, Swadlincote, and Ashby-de-la-Zouch. Its central position makes it easily accessible for residents and commuters, ensuring sustained customer demand for the tenant’s business.
Seize This Opportunity
With its strategic location, established tenant, and secure long-term lease, Unit 3, 42 High Street is a standout opportunity for investors seeking a reliable and lucrative addition to their portfolio.
Get in Touch Today
Don’t miss out on this exceptional investment opportunity. Contact Cameron Godfrey at BB&J Commercial for more details or to arrange a viewing:
Email: c.godfrey@bbandj.co.uk
Call: 01332 292825
