- Secure long income supermarket investment with 25 years remaining
- Undoubted covenant of Co-operative Group Food Limited with Shareholders Funds in excess of £1.7bn
- Well located on arterial route and close to city centre
- 5 yearly rent reviews with fixed increases of 2.25% per annum compounded
- Rent £256,130 pa
- Sub-Let to B&M Bargains as part of a wider group deal.
Offers in excess of £3,600,000, which reflects a net initial yield of 6.68% assuming purchasers costs of 6.51%. This will rise to 7.47% in 2021 and 8.34% in 2026.