Fawcett Mead are pleased to have advised Savills Investment Management on the sale of this convenience parade in Swindon.
The subject property is let to The Midcounties Co-Operative Limited on Full Repairing and Insuring terms for a period of 25 years commencing on 19th December 2012. The rent is subject to five-yearly rent reviews linked to RPI with a collar of 2.00% and a cap at 3.25%.
Graham Fawcett commented "The sale of this property went through incredibly quickly together with Bicester to a reliable and efficient purchaser. Both parties were delighted with the result."