£1,100,000 subject to contract- A purchase at this level represents a Net Initial Yield of 7.52% assuming purchasers costs of 5.85%. The entire property is let on an overriding lease to The Southern Cooperative Limited for a term of 15 years from 21st July 2014 and expiring 20th July 2029. The current passing rent is £87,560 pa and there are no further rent reviews The property comprises a ground floor retail unit and unused upper parts within the redevelopment of a former public house, The Victoria Inn. Internally, the ground floor provides an open plan convenience store and back of house area providing storage and office. The first floor which is currently only accessible via a loft ladder is currently arranged as 8 rooms which include 2 bathrooms and a kitchen. The first floor accommodation is currently not used by the tenant and is in an un-refurbished condition. Externally there are 11 car parking to the side of the property and a further disabled space and loading area to the front.