Harmsworth are offering the freehold interest in the B&Q Yate for sale for £11.78 million
Harmsworth are offering the freehold interest in the B&Q in Yate for sale for £11.78 million reflecting a net initial yield of 5.25%.
The B&Q is prominently situated opposite a Morrisons supermarket and PFS. It comprises a store of 36,690 sq ft with parking for 172 cars (1:213 sq ft).
It is let to B&Q on a new 15 year lease without break at a rent of £660,420 per annum (£18.00psf). B&Q are fully refurbishing the store at their cost.
