Waitrose, Poynton, Cheshire SK12 1RD

Investment - Available

Waitrose, Poynton, Cheshire SK12 1RD

Price

Offers in excess of £12,500,000.

Description

• Poynton is on the A6 and the A555 Manchester Airport Relief Road with fastest trains to Manchester Piccadilly in 21 minutes.

• Prominent and accessible store at the edge of the town centre.

• A modern purpose built foodstore of 25,353 sq ft with free parking adjacent for up to 223 cars.

• Freehold.

• Let to the D&B 5A1 rated covenant of Waitrose Ltd with an unexpired term of 15.13 years.

• £645,163 per annum, with 5 yearly upward only rent reviews with fixed and minimum increases based on 2.5% per annum compounded.

Net Initial Yield

4.84%