Acting on behalf of a Pension Fund client we have completed the acquisition of a new roadside scheme at Bodelwyddan in North Wales for £2,125,000 reflecting a blended yield of 5.26%. The development comprises two units extending to a total of 5,800 sq ft with 67 on site car spaces on a prominent 1.3 acre site adjacent to junction 25 of the A55 North Wales Expressway. Spar and Costa have entered into leases for 15 years without break at a combined rent of £116,000 pa.

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