Almost 19 years unbroken to Aldi with 2.50% pa fixed increases

Lytham St Annes. Clifton Drive North

Asking (STC) £5,040,000
Net Initial Yield 4.75%
Yield Rising in Nov 23 5.37%
Passing Rent £256,617,76 pa
  • 18.8 years unbroken to exceptional covenant Aldi Stores Ltd
  • Fixed five yearly rental uplifts of 2.50% per annum
  • Current passing rent of £256,617.76 per annum
  • Lytham St Annes is an affluent coastal town and a popular retirement location, additionally benefiting from a thriving tourism industry 
  • Purpose built store for Aldi with designated car parking spaces
  • Virtual freehold