Co-op Food & Hair Salon, Deeping St James


1 Horsegate, Market Deeping, Peterborough, PE6 8EN

Offers in excess of
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £67,900
  • Lease Term: 15 years from May '18
  • VAT applicable?: Y

Property Description

  • Freehold Blue-Chip Convenience Store & Retail Investment
  • Whole building on a large site
  • This is a relocation within the town – the co-op trades very well and are moving to bigger premises with more parking.

Location Description

  • Located in the attractive affluent market town of Market Deeping.
  • Deeping St James is a large village in the South Kesteven district of Lincolnshire, England.
  • The population of the civil parish (including Frognall) was 6,923 increasing to 7,051 at the 2011 census.
  • Occupiers nearby are independent shops including Nursery, boutique, bathroom and kitchen showroom, Events company among others.

Additional Notes

  • 15 year unbroken lease to Central England Co-op, commencing rental £62,500 pax from May '18
  • Annually compounded RPI Linked 5 yearly reviews capped @4% and collared @ 1%.
  • Additional lease to Simon Robinson t/a The Barber shop for 3 years for £5,400 pax from May '18

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