Offers over
£525,000
(£53.20/sq. ft)
Retail premises for saleBailey Street, Oswestry SY11
9,868 sq. ft
About this property
Net Initial Yield 10.14%
Let to Vision Express, Card Factory and Mr Z. Jan (t/a Bargain World)
Not elected for VAT
Freehold
Offers in excess of £525,000 subject to contract and exclusive of VAT
Occupiers on Bailey Street include Specsavers (adjacent), Timpson, Max Spielman
Potential alternative use of vacant, self contained, first floor premises
• Providing a mid-terrace block of 3 retail properties and a vacant first floor premises
• Part let to Vision Express, Card Factory and Mr Z. Jan (t/a Bargain World)
• Vacant first floor unit available To Let at £8,000 pa
• Card Factory (formerly The Greeting Card Group) and Vision Express (formerly Rayner Opticians) have been in occupation of their premises for over 20 years
• National occupiers on Bailey Street include Specsavers (adjacent), Timpson, Max Spielman, The Works, Age UK and Home Bargains who own their own premises
• Not elected for VAT
• Freehold
• Total Passing Rent: £55,800 per annum
• Seeking offers in excess of £525,000 subject to contract and exclusive of VAT
• Net Initial Yield: 10.14% (After purchaser’s costs at 4.8%)
• Reversionary Yield on letting 30a Bailey Street: 11.60% (After purchaser’s costs at 4.8%)
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