Commercial Property in BS11 available for sale
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Grocery & Local Shops for Sale near BS11, Bristol

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Grocery & Local Shops for Sale Within 10 miles of the BS11, Bristol

More details for 43 Clyde Rd, Frampton Cotterell - Retail for Sale

Co-Op Convenience Store - 43 Clyde Rd

Frampton Cotterell, BS36 2EF

  • Retail for Sale
  • £1,850,000
  • 3,767 sq ft

Frampton Cotterell Retail for Sale

Seeking offers in excess of £1,850,000 (One Million Eight Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT. This reflects a Net Initial Yield of 5.6% after allowing for the usual purchaser’s costs. The property is let on a new Full Repairing and Insuring lease to Co-operative Group Food Limited for a term of 15 years term certain, with an option to renew, at a commencing rent of £110,000 per annum, with 5 yearly rent reviews in line with the Consumer Price Index (CPI) subject to a collar and cap of 1% and 3%. The tenant will benefit from a 6 month rent free period. This will be ‘absorbed’ by the Vendor and will be dealt with by way of an adjustment to the purchase price on completion.

Contact:

Savills

Property Subtype:

Supermarket

Date on Market:

02/12/2025
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