SALE & LEASEBACK INVESTMENT OPPORTUNITY
- Barrow on Humber is an attractive Lincolnshire village situated 5 miles south of Hull city centre.
- Dominant established convenience store with limited competition. The closest competitor is within an 8 minute drive time.
- A ground floor retail unit with two self contained x 2 bedroom flats 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 £435,000.
- Attractive equivalent yield of 7.25%
- Ideal opportunity for SIPP investor.