Co-Op Food Store, Exhall

Coventry
Latest News Property Investment Track Record
Co-Op Food Store, Exhall
Coventry
December 2013

MK2 Real Estate have advised Care Developments Limited on the sale of a brand new food store with 2 apartments at first floor.

The standalone convenience store was purpose built for the Co-Op providing ample car parking and comprising of approximately 4,000 sq ft with two apartments at first floor.

The ground floor is let to The Midcounties Co-Operative Limited on a new 25 year lease with the upper floor apartments let on ASTs.

The property was sold to a private investor for a price of £1,100,000 reflecting a blended net initial yield of 5.9%.

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