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: