Co-op, Wigton Road, Carlisle

Co-op Supermarket, Wigton Road, Carlisle

  • Secure long term supermarket investment with just under 17 years
  • Undoubted covenant of Co-operative Group Food Limited with Net Assets 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.
  • Potential asset management opportunities.
  • Offers in excess of £4,040,000, which reflects a net initial yield of 6% and a reversionary yield of 7.5%.