High Yielding Retail Investment Opportunity

The property comprises a high yielding retail investment occupying a high footfall pedestrianised pitch. Arranged as a double fronted retail unit across ground floor and basement, the property is let to a private individual t/a Rocket Propelled Games on a five year lease expiring 17.07.2030 and paying £20,000 per annum. The property occupies a prominent pitch fronting the pedestrianised Bartholomew Street, with a return frontage to the Arcade. The street forms part of the principal retail amenity in Newbury with nearby tenants including a number of boutique occupiers and national retailers including Zizzi, Lloyds Bank and Gails. The former Kennet Shopping Centre is to the south and is currently undergoing redevelopment to provide 317 new homes.