- Convenience Store let to One Stop Stores Limited.
- Long term occupancy with 4 tenancies.
- Annual rent of £46,920 with growth potential.
- 54% of the income to One Stop which is a wholly owned subsidiary of Tesco PLC.
- Low passing rent with value add opportunities.
We are instructed to seek offers in excess of £675,000 which a net initial yield of 6.60% and a potential reversionary yield of 7.86% after purchaser’s costs of 5.24%.