Co-op anchored retail parade with residential uppers in the South-East of England
Busy commuter area close to London and London Southend Airport
Ground floor retail with apartments over 2 floors above
8,929 sq ft of retail accommodation
12,852 sq ft of residential accommodation within 17 duplex flats
Total of 21,781 sq ft on a site of 1.01 acres (low site dnesity of 21%)
Total income of £230,250 per annum
70% of revenue derives from commercial, 30% from residential
26% of income secured against Co-Operative Food Group Limited
Co-Operative Food Group limited is a D&B 5A1 rated covenant
AWULT of 6.49 years to expiry, 6.25 years to break
Quoting offers in excess of £2,675,000 (STC)
8.09% Net Initial Yield, 9.76% Reversionary Yield
