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Highcliffe-on-Sea – Freehold Supermarket with Fixed Rental Uplifts

Highcliffe Co-Op, 309-311 Lymington Road, Highcliffe-on-Sea, BH23 5EG

Property Type:
Commercial
Sub Type:
Retail
Tenure:
Freehold

Income

£164,407 pa

Description

  • Attractive town centre supermarket investment.
  • The property totals 982.4 sq m (10,574 sq ft).
  • Let for a further 13.25 years (no breaks) to the excellent covenant of Co-operative Foodstore Limited.
  • Total Effective rent of £164,407 per annum.
  • Fixed rental uplifts in 2022 to £183,754 p.a. and in 2027 to £205,378 p.a.
  • Freehold.