Co-op Food, The Stennack, St Ives TR26 1DB

Saint Ives, TR26 1DB

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Acquired
Co-op Food, The Stennack, St Ives TR26 1DB
Price £900,000
Rent (pa) £48,000
Yield 5%

Investment Summary

  • Detached convenience store with 2-storey 2-bed flat above
  • Situated less then 1km from St Ives Harbour
  • Freehold
  • Overriding lease to Co-operative Group Food Limited
  • 11.5 years unexpired
  • £48,000 per annum
  • CPI reviews in 2028 and 2033 (collared and capped at 1%-3%)
  • Offers in excess of £900,000
  • 5% NIY
Town Saint Ives
Postcode TR26 1DB
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