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Investment Acquisition

Co-Op Food Store

Ansdell, Lytham St. Anne's


Lytham St Anne’s food store investment with10 year income and RPI uplifts.

Single Let Office Building, Cambridgeshire by Amro Commercial Real Estate

Building Type: Food Store

Size: 11,000 sq ft

NIY: 5%

 

On behalf of a private family office AMRO acquired a Co-Op food store investment in Ansdell, Lytham St Anne’s, Lancashire. The investment provides secure 10-year income with RPI rental growth at the next rent review. The asset is situated opposite Ansdell train station and a short walk from Royal Lytham St Anne’s Golf Club. The property was previously occupied by Booths who operated a food store at the site since the 1960’s, Co-Op took over the site in 2015.


Outcome: Investment Acquisition







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