Co-Op Food, Station Road, Parbold, West Lancashire WN8 7NU

Wigan, WN8 7NU

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Co-Op Food, Station Road, Parbold, West Lancashire WN8 7NU
Price £1,915,000
Rent (pa) £115,000
Yield 5.65%

Investment Summary

  • Prominent convenience store in desirable West Lancashire village of Parbold
  • Parbold is an affluent village approximately 6 miles northeast of Ormskirk, 15 miles northeast of Liverpool and 25 miles north west of Manchester
  • New build convenience store with substantial car park providing 16 spaces (2 accessible)
  • Located on a busy main road in the retail core of the village adjacent to the train station
  • Well configured convenience store providing 4,569 sq ft (2,550 sq ft sales floor area) across ground floor and lower ground floor
  • Let entirely to the undoubted covenant of
  • Co-Op Group Food Limited (net assets - £1.96bn)
  • New FRI lease for a term of 15 years from Practical Completion
  • The initial rent of £115,000 per annum (£25.16 psf)
  • Rent to be reviewed 5 yearly in line with CPI (1-3% cap and collar)
  • Freehold
Town Wigan
Postcode WN8 7NU
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