Investment Summary

M&S, 19-23 New Street & 8 King Street, Huddersfield

  • Long let department store investment
  • 41,500 sq ft over three floors
  • Let to Marks & Spencer Plc on 2 leases
  • AWULT of 47.25 years
  • Total income of £325,000 per annum
  • Reviewed 10 yearly to the open market rental value
  • Held Long Leasehold for 999 years from 1865
  • Quoting £5,900,000
  • 5.18% NIY or 18.2 YP
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