Prime freehold retail investment let to Holland & Barrett and Shoe Zone

Bury St Edmunds. 21-25 Buttermarket
IP33 1DW

Asking (STC) £1,800,000
Passing Rent £130,000 pa
Net Initial Yield 6.80%
  • Bury St Edmunds is an attractive historical dominant regional centre in the heart of Suffolk
  • Prime pitch adjacent to Marks & Spencer, owned freehold
  • The town benefits from limited competition from other retailing centres
  • Let to excellent covenants Holland & Barrett and Shoe Zone
  • Holland & Barrett recently refitted their store, showing their commitment to the subject property
  • Shoe Zone is a new 5 year lease from August 2020
  • WAULT 3.7 years to expiry, no breaks
  • Total rental income of £130,000 per annum
  • Freehold