Investment

TAUNTON-BHF

BHF Taunton

32/33 East Street TA1 3LS

Prominent Freehold Retail Investment

British Heart Foundation

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

  • Taunton is the County Town of Somerset and its dominant shopping destination
  • Prime location adjacent to Primark
  • Well secured to a strong retail covenant
  • New 10 year lease
  • Low rebased rent

Our clients have instructed us to seek offers in excess of £1,200,000 (One Million Two 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 approximately 9.05% assuming standard purchaser’s costs.

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