Available
| Property Type | Investment |
| Availability | For Sale |
| Size | 2530 sqft |
| Energy Performance Rating | This property has been graded as C 68 |
McColl's Convenience Store Unbroken 16.5 Years Lease to a 5A1 Covenant with fixed uplifts
LOCATION
Melksham is a Wiltshire market town located 6.5 miles south of Chippenham and 11 miles east of Bath. The town is located on the A350 which provides access to Junction 17 of the M4 Motorway, 11 miles to the north. The A350 provides good access throughout the region and links to the A303 dual carriageway. The premises are situated in a densely populated residential area.
KEY POINTS
- Located in a highly populated residential area
- Let for 16.5 years with no breaks to the excellent covenant Martin McColl Limited
- Fixed uplifts at 2% pa
- Total current rents reserved £36,205 per annum, rising to £39,958 per annum in 2029
- Offers in excess of £540,000
- Net initial yield of 6.39% with a reversionary yield in April 2024 to 7.06%
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VIEW SHORTLIST
Download Marketing Brochure
Download Lease.pdf
Download Officec copies Title No. WT64162.PDF
Download EPC
Download Recommendation Report
Viewing & Further Information
For further information, or if you would like to arrange a viewing, please contact our agents:
Michael Braier
020 7478 9112
CONTACT AGENT
Nick Sherling
020 7478 9113
CONTACT AGENT