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Investment for sale.
Almost 19 years unbroken to Aldi with 2.50% pa fixed increases
Brochure
Lytham St Annes.
Clifton Drive North
FY8 2NA
Asking (STC)
£5,040,000
Net Initial Yield
4.75%
Yield Rising in Nov 23
5.37%
Passing Rent
£256,617,76 pa
18.8 years unbroken to exceptional covenant Aldi Stores Ltd
Fixed five yearly rental uplifts of 2.50% per annum
Current passing rent of £256,617.76 per annum
Lytham St Annes is an affluent coastal town and a popular retirement location, additionally benefiting from a thriving tourism industry
Purpose built store for Aldi with designated car parking spaces
Virtual freehold
Contact
Oli Horton.
07788 695 859
oliver.horton@gcw.co.uk
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