Pension Fund clients of ours have acquired a recently completed convenience store investment in Boston, Lincolnshire at £900,000 reflecting a net return of 5.52%. The property comprises a detached supermarket of 3,000 sq ft with 12 on site car spaces which is let on a new 15 year lease to the Co-Op, without break, at a current rent of £52,500 pa. AHBN acted for the vendor.
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