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Co-Operative Group Food Limited
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Co-Operative Group Food Limited

224-226 Hampton Road, Twickenham TW2 5NJ

  • Prominent convenience retail parade and ground rent investment

  • New build parade comprising a convenience supermarket, retail unit and 3 residential ground rents

  • Located in an affluent London commuter town

  • Well configured supermarket providing 3,500 sq ft over ground and basement

  • Let to Co-Operative Group Food Limited - Undoubted Covenant D&B rated 5A1

  • New 15 year lease at £100,000 per annum

  • Five yearly upwards only rent reviews linked to RPI compounded - collared and capped at 1% and 4% per annum

  • Three apartments let on new 250 year leases producing £1,050 per annum with 5 yearly RPI reviews

  • Retail unit let to local tenant at £14,800 per annum

  • Total net rent of £115,850 per annum

  • The property provides an AWULT of 16.09 years

  • Freehold

  • Offers over £2,185,000 (Subject to Contract)

  • 5% Net Initial Yield

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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