Goucester CW

Gloucester: 8a Eastgate Street

March 2020
Goucester CW
  • Located in the 100% prime retail pitch
  • Passing Rent: £105,000 per annum
  • Price: £750,000
  • Net Initial Yield: 13.28%

Acting for Glenstone Properties, jointly with Singer Vielle, Fawcett Mead has sold the freehold interest in this retail investment to a private investor. The property is let to Carphone Warehouse on a lease expiring in March 2026, with a tenant’s break option in March 2021, at a passing rent of £105,000 per annum.

The price paid was £750,000 which reflected a NIY of 13.28%.

Sign up for property alerts

Enter your name and email address below to subscribe to our property email alerts.