Investment
7 – 9 Pride Hill, Shrewsbury
100% Prime Well Secured Flagship Retail Investment
- Shrewsbury is the County Town of Shropshire with a primary catchment of over 400,000 people and benefitting from 2.6m tourists annually
- Flagship store located in 100% prime pitch on Pride Hill
- Well secured to the undoubted covenant Boots UK Limited – the largest pharmacy chain in the UK
- Unexpired lease term of approximately 6 years
- Predominantly Freehold
- Well configured and highly prominent retail unit providing approximately 32,050 sq ft
- Total current income of £355,000 per annum
- Property not elected for VAT
Offers are sought in excess of £4,165,000 subject to contract reflecting an attractive Net Initial Yield of 8.0%.
Yield is net of standard purchaser’s costs.
For further information please contact agents: