Investment.

Midsomer Norton.

The Hollies, BA3

Map View

Status.

Sold on 01/10/2018

Price.

£5,700,000

Location.

Midsomer Norton is an historic market town in Somerset. It is situated near to the Mendip Hills, 10miles (16km) south-west of Bath, and 16 miles (26km) south-east of Bristol. It has a resident population of circa 11,000 (2011 Census). Along with Radstock and Westfield it used to be part of the conurbation and large civil parish of Norton Radstock, but is now a town council in its own right.

Description.

The subject property comprises a purpose built retail premises trading as a supermarket and 6 retail units. The shopping development has been constructed in the 1980s and lies on the north side of the High Street. The site slopes to the north with the retail set back from the road with attractive landscaping between the store and the High Street.

Rent.

£416,500.00 per annum exclusive

Tenant(s).

Sainsburys

Tenure.

Freehold

Yield.

6.85% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Patrick Over.

Associate Partner | Investment

Ed Smith.

Partner | Investment

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Aberdeen Standard

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DTZ Investors

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