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B&Q Distribution Warehouse, Stephenson Road, Groundwell Industrial Estate, Wincanton, Swindon, Wiltshire

South West

dba242

Tenure: Freehold
Tenancy: Single Let

Investment summary

•Net initial yield of 3.0%.

•74 years unexpired on the headlease.

•Strong covenant strength shown by the head tenant, sub tenant and sub under tenant.

•Good prospects for rental growth at the next headlease rent review.

•Well located and reasonably high eaves three storey distribution building.