Offers in excess of £850,000 (Eight Hundred and Fifty Thousand Pounds) exclusive, subject to contract. A purchase at this level reflects an attractive net initial yield of 15.6% (assuming purchaser’s costs of 5.56%). Tenancy WH Smith Plc has held the current lease since 2003. The tenancy runs for 25 years on full repairing and insuring terms expiring 23 June 2029 subject to a break clause on 23 June 2024. The current rent is £140,000 per annum exclusive.