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Email: info@redkiteland.com Phone: 0207 486 5777
Email: info@redkiteland.com Phone: 0207 486 5777

Co-op Convenience Stores/Petrol Stations bought for £5.8m

Red Kite on behalf of a Family Office has completed the purchase of 3 Co-op Convenience/Petrol sites in Clapham, West Drayton and Fareham. All have leases expiring in 2027 with fixed uplift rates at 2% p.a. compound. The purchase price of £5.8m reflected a net initial yield of 5.5%. Simon Lewis of Lewis Ellis and Jon Elliott of J P Elliott acted on behalf of the vendor.