SALE & LEASEBACK INVESTMENT OPPORTUNITY
- Wilberfoss is an affluent village 9 miles east of York city centre.
- Dominant established convenience store with limited competition. The closest competitor is within an 11 minute drive time.
- Ground floor retail unit with one self contained x 2 bedroom flat at first floor level.
- A new overriding 10 year lease to Costcutter Supermarket Group Limited, 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 approximately 6.75%
- Ideal opportunity for SIPP investor.