Midsomer Norton

38 High Street

38 High Street, Midsomer Norton

For Sale

Property Details

Price

£780,000

Rent

£70,000

Net Initial Yield

8.50%

Tenure

Freehold

Description

• Midsomer Norton is a moderately affluent commuter town close to the Mendip Hills.
• The property occupies a highly prominent position on the northern side of High Street.
• Let entirely to the undoubtable covenant of Poundland Limited.
• New 10 year lease with a TBO in year 6.
• Current passing rental of £70,000 per annum.
• Low capital value of £62 psf.
• Freehold.

Location

Contacts for this property

Graham
Graham Fawcett
07980 548852
Paddy
Patrick Kilvington
07860 625512

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