Commercial property
Sold
Freehold Retail Investment : 29/30 Commercial Street, Leeds

Investment for sale
£3,800,000 / NIY 8.41%
Summary
  • Rare opportunity to acquire prime city centre retail investment
  • Prime retail pitch on Commercial Street in the heart of Leeds’ pedestrianised area, adjacent to entrance to Trinity Leeds Scheme
  • Strong tenant covenants – Virgin Media Ltd and Accessorize Ltd
  • Current total income £340,500 per annum
  • Offers in the region of £3,800,000 subject to contract and exclusive of VAT for the freehold interest. A purchase at this level would show a net initial yield of 8.41%, assuming purchaser’s costs at 6.52%.
Done
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