Let to Department for Work & Pensions and Johnson Cleaners UK Ltd
Passing rent of £47,800 per annum
WAULT of 2.98 years to expiries
Offers over £375,000, exclusive of VAT
Attractive net initial yield of 12.29%
Overview
The subjects comprise separated retail and office units on the ground floor of a four storey granite building. The three upper floors have been converted to residential accommodation. The first ground floor unit is currently configured to provide a reception foyer, cellular office accommodation/consulting rooms, tea prep and WC facilities. The second ground floor unit is currently configured as a dry cleaners.