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Molesworth St
Cookstown BT80 8NX
Molesworth Plaza · Retail Property For Sale
Investment Highlights
- Argos Ltd has an estimated 29 million store customers and nearly 1 billion online customers per year.
- Price: Offers in the region of £900,000, exclusive. A purchase at this price will reflect an initial yield of 9.2% after allowing for purchasers costs
Executive Summary
Let to Argos Ltd (Net assets £527 million), owned by FTSE 100 company J Sainsbury plc, for the term of 10 years and 5 days from 26th April 2019. Argos Ltd has an estimated 29 million store customers and nearly 1 billion online customers per year. Rent £87,500 per annum, exclusive. Rent review and tenant only break option at end of Year 5. Price: Offers in the region of £900,000, exclusive. A purchase at this price will reflect an initial yield of 9.2% after allowing for purchasers costs at 5.6%.
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Property Type | Retail | No. Floors | 3 |
| Costar Property Class | B | Year Built | 2009 |
| Net Internal Area (NIA) | 34,454 sq ft |
| Property Type | Retail |
| Costar Property Class | B |
| Net Internal Area (NIA) | 34,454 sq ft |
| No. Floors | 3 |
| Year Built | 2009 |
Amenities
- 24 Hour Access
- Atrium
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