Taunton Bindon Road

Taunton: Bindon Road

March 2021
Taunton Bindon Road
  • Secured to Matalan Retail Limited with 10.4 years unexpired
  • Passing Rent: £175,185
  • Price: £2,350,000
  • Net Initial Yield: 7%

Fawcett Mead are delighted to have advised Savills Investment Management on the sale of this retail warehouse.

The subject property is let to Matalan Retail Limited with an unexpired lease term of 10.4 years. The property comprises a 1.52 acre site reflecting a low 25% site coverage and benefits from rare open A1 planning use.

Graham Fawcett commented "We are thrilled to have completed on this sale which completed during lockdown. Our client is delighted with the result".

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