The Co-op serves the resort towns of Burry Port & Pembrey on the Carmarthenshire coast, with a resident population of over 9,000. The population is boosted by over 600 holiday cabins / caravans in the immediate area and substantial day visitor numbers.
The new build property is situated in a prime position adjacent to a new free 90 space town centre car park next to the railway station & bus terminus and is pre-let to Co-operative Group Food Limited on a 15 year lease at £82,000 pa.
We are seeking offers in the region of £1,537,500 (One Million, Five Hundred and Thirty Seven Thousand, Five Hundred Pounds) exclusive of VAT on a forward commitment, equating to a Net Initial Yield of 5% (which can be added to if a funding deal is agreed).
All rights reserved. Copyright EJ Hales 2022.