Map View
Sold on 01/10/2017
£1,205,000
The town benefits from excellent road communications. The A36 links the city to Southampton which is 23 miles away (37km) while the M27 (M3) provides access further south to Portsmouth (42 miles, 67km) and Bath to the north (40 miles, 64km). Meanwhile, the A338 links Salisbury to Bournemouth and Swindon.
The premises sits in a prime, prominent position of New Canal at the entrance of Old George Mall.Occupied by Russell & Bromley, the tenant trade ground floor as sales and first floor as ancillary. At ground floor level the unit benefits from a glazed return frontage into the shopping centre. The adjoining retail unit, 35-37 New Canal (not within the ownership) is also occupied by Russell & Bromley. They trade ground and part first floor as sales with a small ancillary section at second floor level. The tenant occupies this space on a lease which is co-terminus with the subject property. The tenants repairing obligations are fully repairing and insuring; importantly, they are responsible to reinstate the internal wall on expiry or termination of their current lease.
£75,000.00 per annum exclusive
Russell & Bromley
Freehold
5.85% NIY
Partner | Investment
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abrdn
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La Salle Investment Management
The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.
M & G Real Estate
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DTZ Investors
With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.
Hammerson
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