6 Co-Operative convenience foodstores and 4 Petrol Filling Stations (PFS)
New build next generation stores with high specification construction
Developed by the Co-Operative Group Limited (apart from Colindale)
PFS sites are redevelopments of existing stores with strong historic trading performance
Sale and leaseback to Co-Operative Group Food Limited
Average weighted unexpired lease term of 17.97 years
Total current rental income of £1,118,000 per annum
5 yearly reviews to CPI (collar at 1%, cap at 3% per annum)
All properties are held Freehold (apart from Collindale - Long Leasehold for 999 years)
Offers in the excess of £20,610,000 (STC)
Attractive Net Initial Yield of 5.03%
Offers will be considered as a portfolio or individually
