76 High Street, Barnstaple, Devon, EX31 1HX
Investment – Freehold Disposal
John Arkwright & Co are instructed to dispose the Freehold interest of 76 High Street, Barnstaple. Salient details as follows.
- Barnstaple is the main retailing centre of north Devon with a large catchment area.
- Situated on the 100% prime retail pitch.
- Well configured floorspace.
- Let to the undoubted covenant of W H Smith Retail Holdings Limited.
- Lease expiring 16th November 2025, proving approximately 3.4 years term certain.
- Passing Rent of £151,000 p.a.
- Quoting £1,350,000 which reflects a net initial yield of 10.55% after purchaser’s costs.
Please click on the following link for details – 76 High Street, Barnstaple
For further information please contact either Ed Bunbury or Bertie Arkwright
