Investment

NEWMARKET – WH SMITH

WH SMITH

80 High Street, Newmarket, CB8 8JX

Prime Freehold VAT Free Retail Investment

WH Smith

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

  • Newmarket is a busy East Anglian market town
  • Prime retailing location
  • Well secured to a major high street retailer
  • New rebased rent
  • Lease with approximately 4.5 years unexpired
  • Non VAT rated

Our clients have instructed us to seek offers in excess of £625,000 (Six Hundred and Twenty Five 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 approximately 8% assuming standard purchaser’s costs.

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