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Long income foodstore investment

Halesowen, United KingdomDéverrouiller l'adresse

66%

£42.000.000

Vente de détail

#11891

Core

29 Feb 2024

Détails du bien

Représentant autorisé

Désactivé

73,249 sq.ft.

6 805 m²

Surface locative

573,39 £/sq.ft.

6 171 £/m²

4.58 %

1

Pleine propriété

X

Frais

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Aperçu de l'investissement

Long Income foodstore by 21.9 years unexpired, (with an option to extend). Let to a strong single tenant. Comprises a 73,249 sq ft (6,805 sq m) foodstore with 600 dedicated car parking spaces. The foodstore was constructed in 2008 as part of a £30 million regeneration of the town centre. The store benefits from 5 yearly fixed rental increases reflecting 3.00% pa compounded on the foodstore and 2.00% pa compounded on the car park.Loyal catchment population and limited local foodstore competition.