PROPERTIES

Marks & Spencer, 31,33,35,37 High Street, Aylesbury, Bucks HP20 1SH

Price £7,120,000

PDF DETAILS

Marks & Spencer, 31,33,35,37 High Street, Aylesbury, Bucks HP20 1SH

  • Price £7,120,000
  • Income£437,415 pa
  • Yield5.75%
  • SectorHigh Street Retail
  • StatusAvailable
PDF DETAILS

Prime Retail Investment with Fixed Uplifts

Summary

  • Prime attractive retail unit located in the heart of Aylesbury town centre.
  • Entirely let to Marks & Spencer Plc until March 2027.
  • Current rent of £437,414.78 per annum with fixed uplifts of 1.95% per annum from the 29th of September 2019 onwards.
  • Freehold.
  • Offers in excess of £7.12M subject to contract and exclusive of VAT.
  • Net initial yield of 5.75% after allowance for unadjusted purchaser’s costs of 6.8%.
  • The SPV holding company is also available by negotiation.