Hurst Warne are pleased to bring to market this high-quality freehold convenience store investment opportunity, in Church Crookham, Fleet.
The property is let to Co-operative Group Food Ltd, one of the UK’s largest convenience operators, known for its excellent covenant strength and extensive nationwide presence.
The investment is secured on a 15-year full repairing and insuring (FRI) lease running until 14th November 2037, circa 12 years unexpired. This long lease term, combined with the security of the Co-op covenant, presents an appealing proposition for investors seeking stable long-term income.
Comprising a total building area of 4,226 Sq Ft and set on a site extending to approximately 0.35 acres, the property benefits from dedicated customer parking and EV charging facilities.
Offers are invited in the region of £1,575,000 subject to contract.
A purchase at this price level reflects a net initial investment yield of 5.68% with an estimated increase in Nov 2027 to 6.56% (guide level).
“Located in a well-established residential area of Fleet, Hants, this C-store investment enjoys strong local footfall and forms part of a thriving community retail hub. The combination of secure income, modern specification, and strong trading fundamentals makes this a compelling investment opportunity” said Tirion Llewyn of Hurst Warne.
For further information regarding this freehold sale, please contact:
Tirion Llewelyn – 07516 590873
Peter Richards – 07803 078011
or view our web link.
