Co-Op Food Store
Ansdell, Lytham St. Anne's
Lytham St Anne’s food store investment with10 year income and RPI uplifts.
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
#commercialrealestateinvestment
Comments