Well located single let retail warehouse investment extending to approximately 35,000 sq ft
3.28 acre site with low site cover of 25%
New 20 year lease from January 2010 to Go Outdoors Ltd
12.5 years unexpired lease term
Two further 2.5% pa compound fixed rental increases in years 10 and 15
Excellent covenant with a 3A1 Dun & Bradstreet rating. Parent company with a 5A1 rating
Low passing rent of sub £10psf
Planning consent for non-food retail, DIY and garden products
Seeling offers in excess of £4,130,000, reflecting a NIY of 7.50%
