The Clink Retail Park, Bridgwater_Actifs en vente
The Clink Retail Park, Bridgwater_Actifs en vente
The Clink, Bridgwater, Somerset, TA6 4AE, UK

The Clink Retail Park, Bridgwater

Description de l'actif

The Clink Retail Park comprises a modern purpose-built retail scheme totalling 17,363 sq ft GIA, constructed of steel portal frame with brick elevations under a pitched steel roof and has an eaves height of circa 5.5 metres. There is a walkway canopy to the entrance of both units. The retailers benefit from prominent and highly visible retailer signage. Internally, the units are fitted out to the individual tenants’ specification.

 

At the front of the units is a tarmacadam customer car park providing approximately 48 parking spaces, including 3 disabled bays, giving a parking ratio of 1:362 sq ft. The customer car park was resurfaced in 2017/18 and is accessed from the south west corner of the site, via East Quay. All staff parking is provided to the rear of the property. There is also a separate

pedestrian access via steps at the north west corner of the site.

 

The service yard is located to the rear of the units and is accessed via a roundabout junction on East Quay, Carvers Road and Rope Walk. The servicing access road is shared with the adjoining Asda service access.

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Caractéristiques de l'actif

Surface de l'actif brut
1 613 m²
Occupation
100 %
WALT
4.2 années
Prix attendu
3 259 000 €

Média

Points clés d'investissement

  • Retail and gym investment opportunity located in a strong and established retail area in Bridgwater
  • Serving as the dominant retail destination for the town’s extensive catchment area
  • Total site area of 1.07 acres (0.43 hectares)
  • The property extends to 17,363 sq ft (1,613 sq m) GIA reflecting a site coverage of 37% 
  • Held on long Leasehold with 835 years unexpired
  • Fully let to PureGym and Halfords, both tenants with a Dun & Bradstreet rating of 5A2
  • WAULT of 4.2 years to expiry
  • Current passing rent of £247,670 per annum equating to circa £14.26 per sq ft overall

 

We are instructed to seek offers in excess of £2,750,000 (Two Million, Seven Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT.

 

A purchase at the level reflects a Net Initial Yield of 8.46%, assuming standard purchaser's costs of 6.42%

The Clink Retail Park, Bridgwater 4_Actifs en vente
The Clink Retail Park, Bridgwater 4_Actifs en vente

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The Clink Retail Park, Bridgwater (0 actifs)

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Dernière mise à jour
11 nov. 2024