We have recently acquired this roadside investment in Coalville, Leicestershire on behalf of family trust clients at a figure of £1.2m reflecting 5.11% net. The modern property, which extends to approximately 8,000 sq ft with extensive on site car parking facilities, occupies a prominent position on the northern outskirts of the town close to occupiers including McDonalds, Halfords, Aldi, KFC, Lidl and Screwfix amongst others. Formula One Autocentres recently entered into a 15 year FRI lease at an initial rental of £65,000 pa. FSP acted for the vendor.

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