Established charity tenant, long leasehold, town-centre location with 5.83% yield.
Long leasehold: 977 years remaining
A straightforward investment in central Braintree, this 1,574 sq ft retail unit is let to national charity Barnardo’s with just over five years remaining on the current lease and producing £17,500 pa (c.5.83% yield at the asking price). The property occupies a prominent shopfront on Great Square with full-height glazing and useful first-floor ancillary storage, making it easy to relet to a similar operator when the current tenancy ends.
The building offers a long leasehold position (977 years remaining) and a simple retail layout: an open-plan ground floor (approx. 845 sq ft) with suspended ceilings and a medium ceiling height, plus 729 sq ft of first-floor storage, staff WC and a small kitchen. Proximity to the mainline station and surrounding high-street retailers supports consistent footfall and customer visibility.
Buyers should weigh the strengths against local market signals. The wider area is classified as “Hampered aspiration” with constrained renter profiles, and local crime statistics are recorded as very high — factors that can limit rental growth and tenant pool quality. The unit is mid-20th century construction with a flat roof and low retail ceiling height, which may narrow uses or require works for alternative occupiers.
This opportunity suits an income-focused investor seeking a town-centre asset with an established tenant and long leasehold security. It is less suited to buyers expecting rapid capital growth or high-yield repositioning without active management and local-market intervention.
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