Property unavailable
This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.
Please note we do not have names or contact details of anyone currently occupying this building
we are also unable to provide details of the agents that posted the original advert with us.
If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com
If you would like to know if this, or any similar property comes back or on to the market
please click here to get updates by email.
Prime Retail Investment, Card Factory, 28 Courtenay Street, Newton Abbot, TQ12 2DT
not specified / Retail / General Retail
Withdrawn - Last updated: 03 January 2024
Prime Retail Investment
- Newton Abbot is a highly affluent market town.
- The property is situated in a 100% prime position on the pedestrianized Courtenay Street.
- Major retailers represented on Courtenay Street include Boots, Marks & Spencer, WH Smith, Superdrug and Austins Department Store.
- There are currently no vacant units in the immediate vicinity.
- Well configured building.
- The entire property is let to Sportswift Limited (trading as Card Factory) on a 15 year full repairing and insuring lease from 4th June 2008, expiring 3rd June 2023, at a current rent of £XXX per annum.
- Card Factory is the largest card retailer in the UK and currently trades from more than 850 shops.
- Sportswift Limited have are an excellent covenant with a 5A 1 Dun & Bradstreet rating.
- Freehold.
- Offers are sought in excess of £XXX (Six Hundred and Thirty Five Thousand Pounds) reflecting a very attractive Net Initial Yield of 9%.
Email me updates about similar new properties
Show similar properties