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%.
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