Freehold Property to buy in Clevedon

Key points

• Clevedon is an affluent town located in North Somerset, approximately 13 miles southwest of Bristol and 10 miles northeast of Weston-super-Mare.
• A catchment population of 133,240 people within a 15-minute drive time, with above average representation of the AB social grade.
• Two-unit retail warehouse scheme extending to 23,223 sq ft GIA and including 97 surface car parking spaces.
• Prominently located on the Northern Way / Ettlingen Way roundabout, just off junction 20 of the M5.
• Securely let to Aldi Stores Limited and Pets at Home Ltd providing a WAULT of 4.1 years
• Total passing rent of £398,833, equating to a low average rent of £17.17 per sq ft. The current net income is £397,243.
• Approximately 76% of the scheme’s income is secured to its Aldi foodstore anchor.
• Excellent ESG credentials, with both units benefitting from EPC ‘A’ ratings.
• Freehold. 1.79 acres.