Edwards & Co Acquire Off-Market Convenience Store in Wilpshire
Acting on behalf of a private clients, Edwards & Co have acquired a 7,492 sq.ft. convenience store, situated on Whalley New Road in Wilpshire, let to Co-Op with 12 years unexpired and the benefit of RPI linked reviews and a parental guarantee.
The property produces an annual rental income of £65,000 and was acquired for £1,227,000, reflecting a 5% Net Initial Yield.
For further information, contact Martin Hamer