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Taunton

100% Prime TK Maxx in Dominant Market Town

40-42 Fore Street, TA1 1HR
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  • Offers in excess of:£4,895,000
  • Net initial yield:5.75%
  • Rebased rent of:£300,000 pa
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County Town of Somerset with a catchment in excess of 340,000 people

100% prime and prominent freehold unit

33,553 sq ft of well configured accommodation reflecting low rent psf of £8.94

WAULT of 14.3 years (9.3 years to break)

Extensive refit and modernisation by the tenant

Let to 5A 1 rated covenant TJX UK (trading as TK Maxx) 

Contacts

  • James Pearson
    • 020 7647 4817
    • 07817 410 361
  • Alex Matthews
    • 020 7647 4827
    • 07776 209 571

Latest case study

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GCW delivers on acquisition advice for APAM

GCW capitalised on its retail property expertise to secure a £51.3 million portfolio of prime high street shops, in dominant retail centres with asset management opportunities for Varde Partners and its joint venture asset management partner APAM.

View Case Study