543 Manchester Road | Baxenden | Lancashire | BB5 2QJ

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New convenience store completed in 2024
Undoubted income - let to Tesco Stores Limited
New 15 year lease from January 2024, without breaks
Rent reviewed to RPI (on a compounded basis)
EPC rating of A-21
Prominent roadside position fronting the A680
Provides the main convenience offering for the area with no competition from other convenience store operators
£1,435,000, subject to contract
5.75% Net Initial Yield
Rising to 6.7% in 2029 & 7.7% in 2034 (assuming 3%pa RPI cap at rent review)