Greggs, 52 Front Street, Stanley
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- SIZE
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- SECTOR
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Key features
- High Yielding Retail Investment
- Let to Greggs Plc
- 10 Year Lease Expiring 23.07.2035
- Recently Renewed Lease
- Prominent Pedestrianised Pitch
- Established and Popular Location
- VAT-Free Investment
- Investment Let at £10,750 p.a. (11.32% GIY on Guide Price)
Description
Arranged as a ground floor retail unit with ancillary space tot he first floor, the property is fully let to Greggs Plc, an established tenant within Stanley, on a recently renewed 10 year lease expiring 23.07.2035 and paying £10,750 per annum.
Greggs is one of the UKs best known retailers and was originally founded in Newcastle with headquarters approx. 15 miles from the subject property.
The property occupies a prominent pitch on the pedestrianised Front Street, the principal retail amenity in Stanley. Nearby occupiers include William Hill, Cooplands, Betfred and Boots.
Brochures
Greggs, 52 Front Street, Stanley
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chester-le-Street Station4.9 miles
Notes
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