41 - 43 Regent Street, Kingswood, GLS

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41-43 Regent Street

Kingswood, BS15 8LA

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Property type:Retail Sub type:Retail Out of Town Status:Existing Year built:1980

Building size:8,860 sq ft

For sale price:£1,340,000 Price:£151.24 sq ft

Yield:5.60 %

The property comprises a two storey unit currently acting as a supermarket. The property benefits from good frontage onto an extended forecourt area as well as proximity to the Kingswood shopping centre.
The property is situated approximately 3 miles east of the City centre within the suburb of Kingswood, on Regent Street (A420)
close to its junction with Downend Road and the Kings Chase Shopping Centre.

Sale Notes:
The available space comprises a Freehold Reversionary Retail Investment, offering IY 5.60%; RY 5.90%
The property is let to Iceland Foods Ltd for 63 years from 29th September 1961
,FRI at a current rent of £75,000 p.a.Expiry is in September 2024.
Reviews: No further reviews.The previous rent review in 2003 was reviewed on a geared basis and we understand that the rental value of the property was agreed at £79,395 p.a.

CLICK HERE TO CONTACT THE SELLING AGENT

SELLING AGENTS

Suttons Commercial

Rajiv Sabharwal

020 7664 8699

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