Available
MODERN CONVENIENCE STORE LET TO CO-OPERATIVE GROUP FOOD LIMITED
Hawarden Road, Hope, Flintshire LL12 9NG
INVESTMENT SUMMARY
+ Fully remodelled standalone convenience store in the village of Hope, North Wales.
+ The primary food store in Hope.
+ Let to Co-operative Group Food Limited on a FRI lease for a further 10.25 years with a current passing rent of £68,470 per annum, equating to a low £16.40 psf.
+ There is a CPI (1-3% collar and cap) rent review due in June of this year – the rent will be topped up to a forecast level of £77,424 per annum.
+ There is an additional area of land adjoining the Co-op’s demise which also forms part of the overall sale. The area totals 0.15 acres and is not currently developed.
+ Freehold
£1,270,500
