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
