Sold
Co-op, Bolton Bridge Court, Ilkley, West Yorkshire, LS29
Freehold
£1,500,000 / NIY 5.83%
Securely Let Convenience Foodstore
Property specification
- Let to Co-operative Foodstores Limited with a Guarantee from Co-operative Group Food Limited until 31 May 2026
- Both tenant and guarantor have a Dunn and Bradstreet rating of 5A2
- A reversionary lease was agreed last year, commencing on 1 June 2026, extending the term by 5 years to 31 May 2031 Approx. 8.4 years without breaks
- The Property is not VAT elected
- Prominently located on the edge of the town centre, fronting Bolton Bridge Road Accommodation totals approx. 5,367 sq ft (498 sqm) with 12 car parking spaces
- Passing rent is £92,813.67 per annum (£17.29 per sq ft overall)
- Upward or downward rent review to open market rental value on 1st June 2026
- A concession equating to 6 months rent was agreed for the lease extension which is spread over the remainder of the term
- £1,500,000 / NIY 5.83%
Freehold convenience store investment
Location
Situated in the affluent and historic spa town of Ilkley, West Yorkshire
Location
Situated in the affluent and historic spa town of Ilkley, West Yorkshire
Train Stations
- Ilkley 0.55km
- Ben Rhydding 2.10km
- Burley in Wharfedale 5.29km
- Menston 7.17km
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