News

Johnson Tucker acquires Co-op Convenience Store Investment in Northumberland

In Q3 2016 Johnson Tucker acquired this new build Co-op Convenience Store investment for a private investor client. The development comprises a prominently located 3,500 sq ft retail unit with dedicated parking situated to the rear. The property was let to Co-op on a new 20 year lease.
The property was purchased for a value reflecting a net initial yield of 6.44% after allowing for purchasers costs.
If you would like more information or would like to acquire similar investment opportunities please contact Daniel on 0191 269 7897, 07968 618 948 or danielc@johnsontucker.co.uk