Tenanted Commercial Property

Comprises ground floor retail with ancillary accommodation at basement and first and second floors offices. Let to Superdrug Stores PLC on a new lease expiring 2036. Rent rebased from £240,000 PA TO £80,000 PA with a 10 YEAR LEASE EXTENSION. Total accommodation of approximately 701.31 sqm (7,549 sq ft). Tenant in occupation since 2000. Town centre position close to Toni & Guy, Café Nero, Marks & Spencer, Rymans, HSBC, Lloyds, Barclays and Betfred. VAT is not applicable. Tenancy Details: Type of Agreement: Full Repairing & Insuring (FRI) Length: 10 Year Lease Extension Rent: £80,000 per year / £6,667 per month Yield: 11% (approx) Tenant: Company Notes: Rent rebased from £240,000 PA TO £80,000 PA 10 YEAR LEASE EXTENSION. Maps & Location: Yeovil is a well-established market town located approximately 40 miles south of Bristol and 20 miles north of Dorchester. The town benefits from good communications, being adjacent to both the A30 & A37 which provide access to both the A303 and A359 to the north. The town is served by both Yeovil Pen Mill and Yeovil Junction Rail Stations. The property is situated on the south side of High Street, close to its junction with Middle Street. Occupiers close by include Toni & Guy, Café Nero, Lloyds, Barclays, Betfred, Halifax, Burger King, H.Samuel, Cex and HSBC amongst many others.