Amlwch Road, Benllech, Anglesey LL74 8TF

Amlwch Road, Benllech, Anglesey LL74 8TF

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  • New build neighbourhood convenience store in a residential/tourist area

  • Prominently situated on large corner site in the primary retail pitch

  • Purpose built Co-op convenience store developed to replace smaller, over-trading store

  • Total gross internal area of 4,390 sq ft

  • Sale and leaseback to the Co-operative Group Food Limited on a new 15-year full repairing and insuring lease without breaks from completion of the sale

  • Initial rent of £55,000 per annum (£12.53 psf)

  • 5 yearly rent reviews in line with CPI (collared and capped at 1–3%)

  • Freehold

  • Offers in excess of £897,000 (STC)

  • Representing a Net Initial Yield of 5.75%

  • Estimated reversionary yield of 6.67% in the 5th anniversary

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