Co-Op Food, Bramhope

Leeds, LS16

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Co-Op Food, Bramhope
Price £2,965,000
Rent (pa) £150,000
Yield 4.75%

Investment Summary

  • Prominent convenience store investment in affluent commuter village of Bramhope
  • New build convenience store extending to 5,082 sq ft with substantial car park providing spaces for 25 vehicles (2 disabled)
  • Located on a busy roundabout on the A660, the primary arterial route into Leeds city centre (8 miles distant)
  • Part of a wider development by Miller Homes of 319 residential dwellings, a convenience store and public open space (ref: 17/02312/RM)
  • Let entirely to the undoubted covenant of Co-Op Group Food Limited
  • Undoubted covenant rated D&B 5A1 and Experian Delphi Rating of 100 (Low Risk)
  • New FRI lease for a term of 15 years from Practical Completion
  • Initial rent of £150,000 per annum (£29.52 psf)
  • Rent to be reviewed 5 yearly in line with CPI (cc 1 – 3%)
  • Freehold
Town Leeds
Postcode LS16
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