Fully let retail parade investment
Prominent frontage on the high street of desirable residential town
6 units anchored by McColl's convenience store, providing full amenity to the town
Large site of 0.47 acres providing c.40 car parking spaces
Attractive AWULT of 9.91 years
McColl's Retail Group PLC have a 'Low Risk' Credistafe rating and £1.31bn in revenue
McColl's occupy on a 10-year FRI lease with effect from 7th June 2017, expiring 6th June 2027 (c.9.02 years unexpired)
The property produces a total rental income of £55,000 per annum
Freehold
Offers in excess of £745,000 (STC)
Attractive Net Initial Yield of 7.00% and Reversionary Yield of 8.07%
Excellent SIPP purchase opportunity
Alternative uses and re-development potential (STP)
