Shop with a large network tenant.
The store is located on two floors of the building and covers an area of 8,276 m².
The cost of the property is £ 10,800,000.
The absolute annual income is £ 694,309.
The current yield is 6.4%.
The tenant is an international chain of clothing stores with more than 880 outlets all over the world. The annual turnover of the company exceeds 9,000 billion pounds sterling.
The lease agreement is valid until March 2027 and provides for annual indexation of rent.
Location and nearby infrastructure
The property is located in a large seaside town with over 100 thousand people in West Sussex county.
The store is located on a pedestrian street next to a shuttle bus stop. There is the Marin Pareid nearby.