Family trust clients of ours have recently completed the acquisition of this new C Store situated on a large residential development close to junction 7 of the M3 to the south west of Basingstoke. The unit which extends to 4,025 sq ft with excellent on site parking, is occupied by Tesco under the terms of an unbroken lease for 15 years at an initial rent of £140,000 pa. The purchase price of £2.375,000 represents a net return of 5.6%. Prideview represented the seller, Eastway Estates Ltd.
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