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The Co-Operative

The Red Lion, Hawarden Road, Hope, Flintshire LL12 9NG

  • Secure convenience store investment opportunity

  • Located in Hope, a busy and popular town lying between Wrexham, Chester and Mold

  • Well-presented conversion building to be fit out with Co-op's latest branding

  • Provides a total ground floor area of 4,175 sq ft GIA

  • Large site of c. 0.35 acres with ample parking for 18 vehicles

  • Let to Co-operative Group Food Limited

  • FRI lease for a term of 15 years from practical completion

  • Initial rent of £68,470 per annum (based on £16.40 psf of GIA)

  • 5 yearly upwards only rent reviews in line with CPI (1-3% collar and cap)

  • Freehold

  • Offers in excess of £1,232,000 (STC)

  • Net Initial Yield of 5.25%

Viewing and further information

Profile photograph of Alex Jones

Alex Jones

Trainee Surveyor

+44 (0)7516 001 666

aj@christopherdee.co.uk
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Profile photograph of Adam Wildig

Adam Wildig

Partner

+44 (0)7739 325 666

aw@christopherdee.co.uk
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