Property company clients of ours have purchased a retail investment in Thornbury, South Gloucestershire for £490,000 reflecting a net return of 6.25%. The unit, which is let to Boots until July 2027 at a rent of £32,005 pa, occupies a large site in the centre of the town with the built area extending to 5,325 sq ft over three floors. The acquisition provides significant redevelopment opportunities for the client over the previously land locked site to the rear of their existing ownership immediately adjacent.

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