Prominent single-let supermarket investment
Located in a well-situated market town close to Chester
7,043 sq ft across ground and first floor
Let to Iceland Foods Limited (D&B 5A1 - Shareholders' Funds of £753,128,000)
25 year lease expiring in February 2030 (13 years unexpired)
Tenant break option February 2025 (8 years unexpired)
Passing rent of £67,156 per annum
Five yearly fixed reviews in line with 2.5% per annum compounded
Feb 2020 - £75,981; Feb 2025 - £85,965
Freehold
Seeking offers of £975,000
6.50% NIY and a Reversionary Yield of 7.37% in 2020 and 8.34% in 2025
