Freehold convenience store and ground rent investment
Prominent retail unit at ground floor with long leasehold residential upper parts
Ground floor retail unit extending to 2,486 sq ft
Let to the Co-Operative Group Food Limited for a term of 25 years expiring 16th August 2023 (7yrs unexpired)
Current rent of £23,700 (£9.53 psf)
Total net income including the upper floor ground rents of £23,750 per annum
Offers in excess of £290,000 (STC)
Attractive Net Initial Yield of 7.94%
The property is not VAT elected
