Investment

NEWMARKET – TESCO

84/86 High Street, Newmarket, CB8 8JX

Prime Long Dated Freehold VAT-Free Retail Investment

Tesco Stores Ltd (underlet to YMCA)

The property has the following key attributes that we would like to draw to your attention:

  • Newmarket is a busy East Anglian market town
  • Prime retailing location
  • Well secured to a blue chip supermarket covenant
  • Rare long term expiring July 2034
  • Asset management opportunities
  • Non VAT- rated

Our clients have instructed us to seek offers in excess of £900,000 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 7.15% assuming standard purchaser’s costs.

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