- Well located town centre retail/residential
- investment let to Meatcure
- Current passing rent 40,000 p.a. rising to £55,000 p.a.
- Net yield of 5.85% (after purchasers costs) rising to 8.04%
Fronting Warwick Street in Leamington Spa Town Centre, 50 Warwick Street is restaurant unit let on a 15 year lease from July 2015 to Meatcure Restaurants Ltd, an award-winning and growing burger operator. The current rent of £40,000 rises to £55,000 p.a. by years 9 & 10 of the term. We are seeking offers in excess of £650,000 for this investment opportunity.
NB: The flats above and adjacent barber shop have been sold on 999 year leases.
For further information, please call us on 0121 236 5252.
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