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Investment
Investment To Let Or For Sale Dumfries
PROPERTY ID: 135347
PROPERTY TYPE
Investment
STATUS
Available
SIZE
3,750 sq.ft
Key Features
Located in the popular tourist location of Lochmaben - a small town with illustrious Royal history
Prominent roadside position fronting the A709
Newly developed convenience store which completed in October 2024
Undoubted income - let to Tesco Stores Limited
New 15 year lease from 24 October 2024 without breaks at a rent of £60,000 per annum
Rent reviewed, 5 yearly, to RPI (on a compounded basis), with a collar and cap of 1% & 3% respectively
Provides the main convenience retail offering for the area. No competition from other convenience store operators.
2 EV chargers on site - let to Zapgo on a 20 year lease with a 15 year break option, at a rent of £4,000 per annum
Property Details
For Sale - Newly Built, Convenience Store Investment Let To Tesco {15 Years With Rpi Linked Rent Reviews}. £1,150,000 Reflecting A Net Initial Yield Of 5.26%.
About the Agent
HTA Real Estate
See Agent's Other PropertiesInvestment Unit
Tesco Express Investment,20 Bruce Street, Dumfries, DG11 1PD
Investment -
Available
3,750 sq ft
348 sqm
Show phone number
Enquiry Form
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