Basic Facts
Property ID:
5236
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Post Updated:
2019-12-09 10:44:57
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Status:
Acquired
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Type:
Supermarket
|
Gross Rent:
£ 60,000
|
Lease Term:
15 yrs from Apr '18
|
VAT applicable:
Yes
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Property Description
- Freehold, Blue-Chip Convenience Store Investment.
- Newly built Co-Op being built on a former motor garage premise.
- Large site area with large parking area for several cars.
- 4 one-bed flats above, not included in this property.
Location Description
- Shillingstone is a village in the Blackmore Vale area of North Dorset.
- The property is located in a residential area with no other shops nearby.
- Situated close to A357
Additional Notes
- Let to Co-op Group Food Ltd for 15 years no break from 2018 for £60,000 p.a.
- 5 yearly rent review with fixed RPI-linked uplifts.
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