One Stop, 18-20 High Street, Soham, Ely, Cambridgeshire CB7 5HE
Ely, CB7 5HE
Sold
Price
£385,000
Rent (pa)
£36,000
Yield
9%
Investment Summary
- Convenience store investment with upper floor apartment
- Prominently situated in the centre of Soham High Street
- 2,145 sq ft ground floor convenience store and self-contained 2 bed apartment above
- Freehold
- Let to One Stop Stores Limited (D&B 5A1 – Turnover £42bn)
- 25 years with effect from 7 April 1999, expiring 26 December 2023 (3.5 years unexpired)
- Current total rent of £36,000 per annum (£16.78 psf)
- Ideal SIPP purchase opportunity
- Pandemic resistant income with both March and June rent paid
- Quoting offers in excess of £385,000 (STC)
- 9.00% Net Initial Yield
Interested in this property?
Contact our team for more information or speak directly with Mark Powell.
Contact UsSimilar Properties
516 Wilbraham Road, Chorlton-cum-Hardy, Manchester M21 9AW
£320,000516 Wilbraham Road, Chorlton-cum-Hardy, Manchester M21 9AW
One Stop, 4/6 High Street, Chasetown, Burntwood, Staffordshire WS7 3XF
£365,000One Stop, 4/6 High Street, Chasetown, Burntwood, Staffordshire WS7 3XF
