Co-op Food, Great Cornard

 

46 Canhams Road, Great Cornard, Nr Sudbury, CO10 0ER

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £55,000
  • Lease Term: 15 years from 2015
  • VAT applicable?: Y

Property Description

  • Freehold, blue-chip supermarket Investment.
  • The site provides car parking at the rear and to the side.
  • The site extends a total of 4,000 sq ft.

Location Description

  • Great Cornard is a large village located just outside Sudbury in Suffolk, and is 14 miles from Colchester and 20 miles from Ipswich.
  • The property is located in a large residential town.
  • The property is located 0.4 miles from the local school; Thomas Gainsborough School.
  • The property is situated in a densely populated residential area.

Additional Notes

  • The Freehold former pub, has a 15 year lease from 2015, with no break clauses, let to Co-operative Food.
  • There are rent increases every 5 years, which are linked to the All Items RPI Index, with a passing rent of £55,000 p.a.

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