21-23 High Street

Description

• Portishead is a coastal town in North Somerset and is located approximately 10 miles (16km) west of Bristol.
• The property is situated on the eastern side of High Street, within the towns 100% prime retailing pitch.
• The property is let entirely to Poundland Limited.
• 10 year lease until 15th October 2033 (TBO in year 6).
• Current passing rental of £85,000 per annum.
• The property benefits from solar panels on the roof that generate an additional income of £12,458.33 per annum.
• Total income of £97,458.33 per annum.
• Freehold.