On behalf of private clients, Cooper Rose Real Estate has today launched the sale of a prime food store investment In Bangor, North Wales.
The property comprises 18,272 sq ft across ground and first floors and includes a 41 space car park.
The property is let to Marks & Spencer plc on a 25 year lease from 25 March 2005 at a current rent of £356,400 per annum.
Offers are sought in excess of £6,740,000 reflecting a Net Initial Yield of 5.00% after taking into account purchaser’s costs of 5.80%.
Contact Ben Rose or Giles Cooper or our joint agents JLL.