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Heritable Town Centre Supermarket Investment

The Co-operative Food, 32-36 East Church Street, Buckie, Banffshire, AB56 1AB

£2,400,000
Commercial
About this Property
2020-11-03
2400000
Traditional
Commercial
Description

Heritable Town Centre Supermarket Investment located at The Co-operative Food, 32-36 East Church Street, Buckie, Banffshire, AB56 1AB. This commercial property is held on a freehold tenure and is let to Co-operative Group (CWS) Limited. The lease expires in 2035 with no breaks and includes a tenant option to renew for an additional 25 years. The property comprises 870.73 sq m (9,372 sqft) and features annual RPI linked rent reviews with a 2% & 4% collar and cap. Additionally, there is a large tarmacked area to the rear used for service access and staff parking. VAT is applicable, and six-week completion is available.

Location
More Information
Freehold
East Church Street
Planing Authority
Moray
Sold Price History
31 Oct 2023Sold Lot Allsop£1,900,000
11 Jun 2024Unsold Lot Allsop£1,900,000

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