PROPERTIES

Mecca Bingo, Corporation Street, Taunton, Devon TA1 4AJ

Price£2,023,000

PDF DETAILS

Mecca Bingo, Corporation Street, Taunton, Devon TA1 4AJ

  • Price£2,023,000
  • Income£162,014 pa
  • Yield7.5%
  • SectorLeisure
  • StatusAvailable
PDF DETAILS

Well Secured Freehold Leisure Investment Opportunity

Summary

  • Located in the town centre of Taunton, adjacent to the bus station.
  • Comprising 37,865 sq ft.
  • Freehold.
  • Mecca Bingo Ltd have re-geared on a new 10 year lease from 31st August 2018.
  • Rent reviewed to RPI on 31st August 2023, collared and capped at 1% and 3%.
  • 10 year re-gear demonstrates Mecca's commitment to the property.