Co-op Food, West Street, Hexham NE46 3BH
Hexham, NE46
Sold
Price
£1,300,000
Rent (pa)
£69,800
Yield
5.07%
Investment Summary
- Newly built/converted Co-op convenience store
- Well located in market town of Hexham
- Let to Co-operative Group Food Limited for a term of 20 years commencing 30/11/2016, expiring 18/10/2036 (c. 14 years unexpired)
- Tenant option to break in the 15th anniversary
- Passing rent of £69,800 subject to 5 yearly rent reviews linked to RPI (2%-4%)
- Freehold
Interested in this property?
Contact our team for more information or speak directly with Daniel Campbell.
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