Grocery & Local Shops for sale in Hillesley, Wotton Under Edge

Commercial Property in Hillesley available for sale

Grocery & Local Shops for Sale Within 10 miles of the Hillesley, Wotton Under Edge

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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41 High St

Chipping Sodbury, BS37 6BA

Retail for Sale
£349,950
1,518 sq ft
1 Unit Available

Security System

Chipping Sodbury Retail for Sale

The freehold of this retail unit which had previously operated as a bar and restaurant is available to purchased for the guide price of £395,000. It would be suitable for occupational purposes of potential development-stp.