42 St Peters Hill, Grantham

Investment - Available

42 St Peters Hill, Grantham

Price

£1,350,000

Rent

£90,000 pa

Description

Grantham is a historic market town within the South Kesteven district of Lincolnshire. The property is prominently situated on St Peters Hill, the town’s retail thoroughfare, let to Lloyds TSB Bank PLC on a full repairing and insuring lease from the 25th December 1987 for a term of 35 years subject to 5 yearly upwards only open market rent reviews at a current rent of £90,000 per annum.

Net Initial Yield

6.0%

Contact Us

Contact one of the team at KLM Retail

Call us on +44 (0)20 7317 3700