On behalf of private clients, Cooper Rose Real Estate has acquired the long leasehold interest in a prime Asda supermarket.
The 29,288 sq ft store is let to Asda Stores Ltd on a new 30 year lease with 3% per annum fixed rental increases.
The purchase price is confidential. The quoting price was £9,600,000, reflecting a net initial yield of 5.32%.
Contact Ben Rose or Giles Cooper