Co-op, Silfield Road, Wymondham, Norfolk NR18 9AU

Wymondham, NR18 9AU

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Co-op, Silfield Road, Wymondham, Norfolk NR18 9AU
Price £1,785,000
Rent (pa) £90,000
Yield 4.75%

Investment Summary

  • Freehold Long Income Convenience Store Investment
  • New build Co-op food store
  • Situated in the desirable commuter town of Wymondham, South Norfolk
  • Well located on busy Sillfield Road, a key arterial route to the south of the town
  • Well configured supermarket providing 4,143 sq ft over ground floor
  • Let to Co-Operative Group Food Limited
  • Undoubted covenant - rated by D&B as 5A1 and has an Experian Delphi Rating 100 (Low Risk)
  • New 15-year unbroken FRI lease at £90,000 per annum (£21.72 psf)
  • 5 yearly upward only rent reviews linked to CPI (collared and cap 1% - 3%)
  • Freehold
  • Net Initial Yield of 4.75%
  • Estimated Reversionary Yield of 5.5% (2026)*
  • Estimated Reversionary Yield of 6.38% (2031)*
Town Wymondham
Postcode NR18 9AU
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