Tesco Express

£600,000.00

Property Description

Tenant
Tesco Express

Address
4 Newton Road, Kingsteighton, Devon

Description
Frerehold detached convenience store with residential living accommodation

Lease Terms
9 years remaining on the FRI lease

Passing Rent
£43,800 per annum

Purchase Price
£600,000

Gross Initial Yield (GIY)
7.3%

Tesco Express

£600,000.00

Property Description

Tenant
Tesco Express

Address
4 Newton Road, Kingsteighton, Devon

Description
Frerehold detached convenience store with residential living accommodation

Lease Terms
9 years remaining on the FRI lease

Passing Rent
£43,800 per annum

Purchase Price
£600,000

Gross Initial Yield (GIY)
7.3%