Basic Facts
Property ID:
4968
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Post Updated:
2019-06-24 10:41:22
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Status:
Acquired
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Type:
Supermarket
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Tenure:
Freehold
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Gross Rent:
£ 57,000
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Lease Term:
15 years from early '17
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VAT applicable:
Yes
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Property Description
- Freehold Blue-Chip Convenience Store Investment
- Newly developed supermarket with a ground floor sales area of approximately 3,000 sq ft and staff offices on the first floor
- Ca. 5 car parking spaces to the front of the supermarket
Location Description
- Sturminster Marshall is a village in east Dorset in the south west of England, situated on the River Stour between Blandford Forum and Poole.
- This property is sandwiched in between a number of homes with Sturminster Marshall First School close by.
- There is no competition from any other supermarkets.
Additional Notes
- The property is let to Co Operative Group Food Ltd for 15 years FR & I with no breaks from early 2017 for £57,000 pa
- Rent reviews are every 5 years and inflation-linked
Features
£500k - £1m
Blue-chip tenant
Customer car parking
Finance available
Freehold
Lease term: 10 - 15 years
Minimum Rental Uplifts
No Break clauses
Suitable for a SIPP