Semi-detached convenience store located in a residential area ›› the store is situated in a local neighbourhood retail parade ›› let for 16.5 years with no breaks to the excellent covenant martin mccoll limited ›› fixed uplifts at 2% pa throughout ›› total current rents reserved £36,055 per annum rising to £43,951 per annum in 2029 ›› net initial yield of 6.55% with a reversionary yield in november 2024 to 7.24%.
Net income yield
Net operating income
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Property facts for 6 Fifth Ave, Wrexham
The property is a two-storey semi-detached brick building under a part pitched and part flat roof. The convenience store is arranged over the ground floor with ancillary accommodation to the rear. The first floor is used for the manager’s office and staff accommodation. There is generous on-street car parking in front of the unit.
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