Basic Facts
Property ID:
4937
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Post Updated:
2019-06-24 10:41:23
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Status:
Acquired
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Type:
Supermarket
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Tenure:
Freehold
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Gross Rent:
£ 45,000
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Lease Term:
15 years from late 2016
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VAT applicable:
Yes
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Property Description
- Freehold Blue-Chip Convenience Store Investment
- New build 3,000 sq. ft. supermarket, built to the new Co Op Spec
- Total of 0.3 acre site with around 13 parking spaces
Location Description
- Located in a large and dense residential area close to Glasgow
- Barrhead railway station is a short walk away
Additional Notes
- The entire property is let to Co-op Group Food Ltd for 15 years FR&I from late 2016 for £45,000 p.a. with 5 yearly CPI reviews of 1% and 3%
Features
£500k - £1m
Attractive property
Blue-chip tenant
Customer car parking
Finance available
Freehold
Lease term: 10 - 15 years
Minimum Rental Uplifts
New Development
No Break clauses
Suitable for a SIPP