Pension Fund clients have acquired a recently completed convenience store in Badger Rd, Thornbury for £1.08m reflecting a net return of 5.25%. The property, which forms part of a 1,500 unit residential development to the north of the town centre, extends to 3,460 sq ft with 8 on site car spaces. The Co Op have entered into a 25 year lease without break at an initial rent of £56,000 pa. MacLaren and Partners acted for the vendor in the sale.

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