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The Leggar
Bridgwater TA6 4AB

The Leggar Retail Park · Retail Property For Sale

Retail Buildings Somerset Bridgwater The Leggar, Bridgwater, SOM TA6 4AB

Investment Highlights

  • Modern, high specification, retail warehouse terrace of three retail warehouse units totalling 43,256 sq ft
  • Current passing rent of £585,468 per annum equating to £13.53 per sq ft overall
  • The Leggar Retail Park forms part of the Bridgwater’s dominant out of town retail destination
  • Let to three market leading 'discount' retailers Farmfoods, The Food Warehouse and Home Bargains
  • WAULT of 9.04 years to expiry with no break options

Executive Summary

The freehold of this retail investment opportunity is available for the guide price of £7.32 million, providing a yield of 7.%5.

PROPERTY FACTS In Escrow

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Freestanding
Building Size
43,256 SF
Building Class
C
Year Built
2018
Price
$10,035,180 CAD
Price Per SF
$232 CAD
Cap Rate
7.50%
NOI
$752,639 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
4.65 AC
Parking
198 Spaces (4.58 Spaces per 1,000 SF Leased)
 

  • Listing ID: 32194057

  • Date on Market: 2024-06-20

  • Last Updated:

  • Address: The Leggar, Bridgwater TA6 4AB

The Retail Property at The Leggar, Bridgwater, TA6 4AB is currently available for sale. Contact JLL for more information.

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