MKM Building Supplies Limited, Moreton Hall Estate, Easlea Road, Bury St Edmunds IP32 7BY

Bury Saint Edmunds, IP32 7BY

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MKM Building Supplies Limited, Moreton Hall Estate, Easlea Road, Bury St Edmunds IP32 7BY
Price £3,000,000
Rent (pa) £200,000
Yield 6.26%

Investment Summary

  • Freehold Long Income Builders Merchant Investment
  • Situated in the affluent town of Bury St Edmunds, Suffolk
  • Located on the popular Moreton Hall Trading Estate
  • Well configured builders merchant providing 18,051 sq ft
  • Large site of 1.6 acres
  • Let to MKM Building Supplies Limited
  • Undoubted covenant - rated by D&B 5A3 and has an Experian Delphi Rating 100 (Low Risk)
  • New 25 year unbroken FRI lease at £200,000 per annum (£11.07 psf )
  • The tenant is remodelling the building at their own cost (£2.1m)
  • Subject to schedule of condition
  • 5 yearly upward only rent reviews linked to CPI (1-4% collared and cap)
  • Freehold
Town Bury Saint Edmunds
Postcode IP32 7BY
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