46/48 High Street, CB8 8LF

Prime Freehold VAT Free Bank Investment

Lloyds Bank

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 banking covenant
  • New rebased lease with approximately 4.5 years unexpired

Our clients have instructed us to seek offers in excess of £1,000,000 (One Million 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 6.15% assuming standard purchaser’s costs.

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