Investment Summary

Co-Operative Supermarket, Former HSBC Bank, East Street, Rhayader, Powys LD6 5DU

  • Prime town centre location
  • Prominent frontage on to East Street (A44), a principal thoroughfare through the town
  • 3,690 sq ft Gross Internal Area
  • Let to Co-Operative Group Food Limited
  • Covenant is rated by D&B as 5A1 and has an Experian Delphi Rating 100 (Low Risk)
  • 15-year FRI lease without break from  December 2017
  • Rent of £46,000 per annum (only £12.47 psf)
  • 5 yearly upward only rent reviews linked to CPI (collared and cap – 1% - 3%)
  • Freehold
  • Offers in excess of £725,000 (STC)
  • Attractive Net Initial Yield of 6.02%
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