Investment

BARROW

5A-8 & 26-31 Portland Walk Shopping Centre, Barrow-in-Furness, LA14 1BD

Prime High Yielding Freehold Retail Parade Investment.

The property has the following key attributes that we would like to draw to your attention:

  • Barrow-in-Furness is the dominant retailing centre for the southern Lake District area
  • 100% prime retailing location
  • Two modern shop parades let off rebased rents
  • Majority well secured to major multiple retailers

Our clients have instructed us to seek offers in excess of £1,500,000 (One Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of 14.32% assuming standard purchaser’s costs, as well as a reversionary benefit on reletting the vacant unit.

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