Aldi Stores Limited, Cronton Rd, Coppice Ln, Tarbock Green, Liverpool L35 1QT
Liverpool, L35 1QT
Acquired
Price
£6,100,000
Rent (pa)
£270,000
Yield
4.15%
Investment Summary
- Long let freehold aldi supermarket investment in attractive Wirral town
- Let to Aldi Stores Limited for a term of 20 years commencing September 2020, expiring September 2040 (c. 19.8 years unexpired)
- Includes a tenant only break in the 15th anniversary
- Initial rent of £270,000 per annum (£14.25 psf)
- 5 yearly rent reviews linked to RPI (collared and capped at 1%-2.5%)
- Freehold
- £6,100,000
- 4.15% NIY
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