Sold

Chepstow – Freehold Supermarket with Annual RPI Linked Uplifts

Hanley House, Hams Road, Lydney, Chepstow, GL15 5PE

Property Type:
Commercial
Sub Type:
Retail

Income

£189,261 pa

Description

  • Prominent town centre supermarket investment.
  • The property totals 1,362.9 sq m (14,670 sq ft).
  • Let for a further 15.8 years (no breaks) to the excellent covenant of Co-operative Group Limited.
  • Total Effective rent of £189,261 per annum.
  • Annual rental uplifts linked to RPI every 7th September (2%-4% collar and cap), with the next review on 7th September 2019.
  • Freehold.
  • Car parking with c. 100 spaces.