Co-op Finedon

Burton Road, Finedon, Northamptonshire NN9 5HX

Summary

  • Alexander James acquired the investment as a forward commitment for an institutional investor off-market
  • Co-op fuel filling station and convenience retail unit
  • Let to Co-Operative Group Food Limited for 20 years with five-yearly CPI linked uplifts subject to a collar and cap of 1% per annum compounded and 3% per annum compounded respectively
  • Passing rent of £261,500 per annum
  • Purchase Price – The purchase formed part of a portfolio deal – pricing confidential
  • For further information contact Alastair Coates