Instructions
TESCO STORES LTD – 32/32A SOUTH STREET, BISHOPS STORTFORD
SOLD
Details
Sale of a freehold retail investment
- A modern, well configured retail unit with a large yard and customer parking area to the rear.
- Entirely let to Tesco Stores Ltd until December 2023.
- The passing rent is subject to an uncapped RPI based rent review in December 2018.
- Seeking offers in excess of £2,100,000, subject to contract and exclusive of VAT.
- This price shows a net initial yield of 6.3% forecast to rise to 7.15% in 2018.