26-30a Bailey Street, Oswestry SY11 1PU

Image of front of shop from street

AVAILABLE

  • Providing a mid-terrace block of 3 retail properties and a vacant first floor premises
  • Part let to Vision Express, Card Factory and Mr Z. Jan (t/a Bargain World)
  • Vacant first floor unit available To Let quoting £8,000 pa
  • Card Factory (formerly The Greeting Card Group) and Vision Express (formerly Rayner Opticians) have been in occupation of their premises for over 20 years
  • National occupiers on Bailey Street include Specsavers (adjacent), Timpson, Max Spielman, The Works, Age UK and Home Bargains who own their own premises
  • Not elected for VAT
  • Freehold
  • Total Passing Rent: £55,800 per annum
  • Seeking offers in excess of £525,000 subject to contract and exclusive of VAT
  • Net Initial Yield: 10.14% (After purchaser’s costs at 4.8%)
  • Reversionary Yield on letting 30a Bailey Street: 11.60% (After purchaser’s costs at 4.8%)

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