Family Trust clients have completed the acquisition of two convenience store investments in Sutton in Ashfield and Dudley. Both units have recently been let to the Co-Op for 15 years, without break, at a combined rental income of £121,520 pa. The purchase price of £2.23m reflects a blended initial yield of 5.2% which will rise through five yearly fixed rental uplifts. AHBN acted for the vendor in the transaction.’


Mark Atkins Associates © 2020 - All Rights Reserved.

Regulated by RICS