With its prominent corner location on Briggate — the city’s 100% prime retail pitch — this property is surrounded by top-tier brands including Omega, Tag Heuer, Beaverbrooks, Panerai, Chisolm Hunter and Berry’s Jewellers.
Fully let to the undoubtedly strong covenant of Signet Trading Limited (trading as IWC Schaffhausen and Montblanc), this property represents a rare opportunity to invest in a core high street asset.
We’ve been instructed to sell this landmark retail property for offers in excess of £2.485m, reflecting a net initial yield of 7%, potentially rising to a reversionary yield of 8.55%.
Get in touch with Graham Fawcett and Patrick Kilvington, or joint agent Central Retail Property Consultants’ Tom Limbert, for more details.
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