Convenience Store Investment For Sale

 

Summary

  • Let To Co-op Group Food Ltd Guaranteed by Tesco Stores Ltd
  • Just Under 10 Years Unexpired Term With RPI Linked Reviews
  • Total income of £75,113 per annum exclusive
  • £1,180,000 6.10% Net Initial Yield and 7% Reversionary Yield

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground 3,175 294.97 Available
1st - Ancillary 785 72.93 Available
Total3,960367.90
35 Watkin Lane - IMG_8146.JPG

Location

Lostock Hall is a popular commuting village located in the South Ribble Borough of Lancashire it s approximately 4 miles from Preston City Centre, 10 miles West from Blackburn, 24 miles East from Blackpool and 32 miles North West from Manchester. The property is around 300m from Lostock Hall railway station on the East Lancashire Line with services to Blackpool, York and Leeds. The location also benefits from direct access to both the M6 and M65 via following the A58 East to Junctions 29 and 1 respectively.

Get directions from Google Maps

Further Information

Price Price on application

Rates Payable Upon Enquiry


Description

The property consists of a detached purpose built convenience store across ground and first floor with brick elevations beneath a pitched tiled and flat roof. The store is on a site of 0.3 Acres (0.12 Hectares) with a car park providing 10 parking spaces (1 accessible).