55 High Street, Holywell, CLW

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55 High Street

Holywell, CH8 7TF

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Property type:Retail Sub type:Shop-front Status:Existing , Renov 2005 Year built:1960

Building size:4,383 sq ft

For sale price:£665,000 Price:£151.72 sq ft

Yield:5.40 %

The property comprises a mid terrace building and benefits from a modern tiled façade with display frontage. Internally, there is ground floor retail accommodation with ancillary accommodation on the lower ground and first floor. There is also first floor staff residential accommodation. The property benefits from service access to the rear at lower ground floor level and a goods lift.
The property is situated in the heart of the town centre on the northern side of the pedestrianised High Street, the town's principal retail thoroughfare, close to the junction with Tower Gardens.

Sale Notes:
The available space comprises a Reversionary Freehold Retail Investment offering IY 5.40%; RY 6.00%.
The entire property is let to Dorsman Estates Co. Ltd., guaranteed by The Peacock Group Plc. (655 Branches) for a term of 15 years from 20 September 2001 until 2016 on a full repairing and insuring lease at a rent of £38,000 p.a.

RENT: £38,000 p.a