TAUNTON-BHF
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.
