Prime Food Store Investment Opportunity
ALDI, Tarvin Road Boughton, Chester, CH3 5ND ALDI Tarvin Road Boughton, Chester, CH3 5ND
Our clients are seeking offers in excess of Executive £12,100,000 Summary (twelve million, one hundred thousand pounds) which reflects a net initial yield of 4.25%, rising to 4.81% in September 2023 and 5.44% by Opportunity to purchase a supermarket September 2028, net of costs at 6.71% investment within the affluent and historic cathedral City of Chester
Limited supply for additional retail schemes within the city
Let to ALDI (5A1) for 20 years from 2 September 2013 at a current rent of £548,729 pa
Current rent equates to only £14.37 /sq ft
Fixed five yearly rent reviews based upon 2.5% pa uplifts with the next uplift September 2023
Aldi are currently refurbishing their Supermarket 34 MALHAM
LONG PRESTON
33
SKIPTON DUNSOP BRIDGE GISBURN Prime Food Store ALDI Tarvin Road PILLING FLEETWOOD BARNOLDSWICK Boughton, Chester, CH3 5ND GARSTANG Investment Opportunity CHIPPING CLITHEROE COLNE
LONGRIDGE 12 HAWORTH Location WHALEY BLACKPOOL 3 32 1 11 Chester is an attractive and affluent historical 4 10 BURNLEY cathedral city, an important tourist destination and 8 the administrative centre for the county of Cheshire. 7 LYTHAM 31 Chester is located approximately 45 miles (72km) ST ANNES 6 BLACKBURN HEBDEN BRIDGE
south west of Manchester and 13 miles (21 km) south 30
of Liverpool. RIVER 29 9 RIBBLE 1 2 3 4
LEYLAND RAWTENSTALL It is one of the major retailing centres in the North 28 DARWEN West ranked 27th in the UK having an estimated TARLETON 8 catchment of 326,000 which increases with the influx CHORLEY of tourists which are estimated at over 8 million each SOUTHPORT year. 1 22