Three retail stores with long-term lease.
Description
The property consists of three properties with an area of 732 m², 988 m² and 806 m².
The first property is a supermarket on the ground floor of a brick building of 1980. There is parking for buyers for 10 cars in the territory.
The second property is a commercial unit on the ground floor of a three-storey brick building of 1980. There is parking for buyers for 12 cars in the territory.
The third property is a commercial unit on the ground floor of a two-storey steel framed building of 1980. There is parking for buyers for 27 cars in the territory.
Type of ownership: Freehold.
The cost of the property is 3,425,000 £.
The absolute annual income is 235,903 £.
The current yield is 6.5%.
The projected annual income is 301,976 £.
The projected annual yield is 8.3%.
The tenant is the British supermarket chain. Net profit of the company is more than 160 million. The company's share in the food market is 2.2%.
The lease agreements are valid until 2030.
Acquisition tax is 5,9%.
The brokerage fee is 2% + 20% VAT (in total 2,4%).
The first property is located in one of the cities of Kent with a population of more than 40 thousand people. There are the pedestrian zone and many retail chains nearby: MacDonalds, Boots the Chemical, Poundland, New Look, Cafe Nero and others.
The distance to the airport is 6 km.
The second property is located in one of the suburbs of Bournemouth, a popular resort on the English Channel. There are many public buildings in the city, so conferences and congresses are often held. There is a convenient traffic intersection and a large number of important highways.
The third property is located in the suburbs of Birmingham, the second largest city in the UK. The city is a major transport hub for road, rail and river transport.
