McColl's Convenience Store - Melksham

Melksham, SN12 7NB


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


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.


  • 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%
The property is a well maintained two storey detached building. The retail shop is arranged over the ground floor with ancillary accommodation to the rear of the unit. The first floor is residential and has been sold off on a long leasehold basis. The premises benefit from on street parking together with a rear car park offering parking for up to three vehicles. The unit has recently been refitted to McColl's standard format.
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Viewing & Further Information

For further information, or if you would like to arrange a viewing, please contact our agents:

Michael Braier

020 7478 9112


Nick Sherling

020 7478 9113


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