Wolseley Road, Milehouse RETAIL INVESTMENT FOR SALE

 

Roadside retail investment producing £15,000pa

Investment let to Johnson Cleaners UK Ltd (part of Timpson Group plc) for a term of 6 years at annual rent of £15,000 with 5-yearly reviews. A roadside retail unit for sale as an investment returning 6%, before any purchase costs. At an ERV of £12.50/sqft, the reversionary yield is over 9.5%. EPC: C72

 

Details

  • Address: 23 Wolseley Road, Plymouth, PL2 3AA
  • Status: For Sale,
  • Size: 1,961sqft / 182sqm
  • Price: £250,000
  • Terms: Freehold
  • Category: Retail/Leisure,Other Property,
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