Investment Summary

Co-Operative Supermarket, 30 Knaresborough Road, Harrogate, North Yorkshire HG2 7LU

  • Situated in a busy affluent suburb with excellent frontage onto a key arterial route into Harrogate
  • 4,201 sq ft GIA on ground floor with 22 car parking spaces
  • Site of 0.419 acre providing a low site cover of just 23%
  • Let to Co-Operative Group Food Limited
  • Covenant is rated by D&B as 5A1 and has an Experian Delphi Rating of 100 (Low Risk)
  • 15-year unbroken FRI lease from completion
  • £52,000 per annum (£12.37 psf)
  • 5 yearly upward only rent reviews linked to CPI (collared and cap – 1% - 3%)
  • Freehold
  • Future development potential should Co-Op release the upper parts
  • Offers in excess of £900,000 (STC)
  • Net Initial Yield of 5.47%
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