Exmouth - Royal Avenue

Price

£4,890,000

Rent

£247,500

Net Initial Yield

4.75%

A retail warehouse development of 1 retail unit extending to 11,000 sq ft ground floor gross internal area with a 5,000 sq ft mezzanine located adjacent to the railway station.

The property is let on a 20 year term with a tenant break option in the 15 year.  The rent is reviews on an RPI linked structure.

Freehold

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