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.