The Leggar | Bridgwater TA6 4AB
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The Leggar
Bridgwater TA6 4AB
The Leggar Retail Park · Retail Property For Sale
Investment Highlights
- Modern, high specification, retail warehouse terrace of three retail warehouse units totalling 43,256 sq ft
- Current passing rent of £585,468 per annum equating to £13.53 per sq ft overall
- The Leggar Retail Park forms part of the Bridgwater’s dominant out of town retail destination
- Let to three market leading 'discount' retailers Farmfoods, The Food Warehouse and Home Bargains
- WAULT of 9.04 years to expiry with no break options
Executive Summary
The freehold of this retail investment opportunity is available for the guide price of £7.32 million, providing a yield of 7.%5.
PROPERTY FACTS In Escrow
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
43,256 SF
Building Class
C
Year Built
2018
Price
£7,320,000
Price Per SF
£169
Net Initial Yield
7.50%
NOI
£549,000
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
4.65 AC
Parking
198 Spaces (4.58 Spaces per 1,000 SF Leased)
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