YORK - 58 MAIN STREET, WHELDRAKE

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SALE & LEASEBACK INVESTMENT OPPORTUNITY

  • Wheldrake is an affluent village situated 8 miles south-east of York city centre
  • Dominant established convenience store with limited competition. The closest competitor is within 15 minutes drive time
  • Ground floor shop with two x 2 bedroom flats at first floor level
  • A new overriding 10 year lease to Costcutter Supermarket Group Ltd -a subsidiary company of Bibby Line Group
  • A fixed rental increase at year 5 based on 2.5% per annum compounded, providing guaranteed rental growth
  • Offers in the region of £465,000
  • Attractive equivalent yield of 6.75%
  • Freehold
  • Ideal opportunity for SIPP investor

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