Southwell Road West, Mansfield, Nottinghamshire

Friday 19th October 2018

LPS are pleased to announce our offer has been accepted to purchase Southwell Road West, Mansfield, NG18 4EH, which consists of a single new build small convenience store (3,509sq.ft) let to the National Co-operative Food Group Limited.

The property purchase price is £1,150,000.

The property let to the Co-op is on a full repairing and insuring lease for a unbroken period of 15 years which commenced on 2nd June 2017, subject to upwards only rent reviews every five years linked to RPI, the first rent review is June 2022.

We are therefore offering quarterly returns upon completion of initially 4.71%.

The opportunity of acquiring this property fits within the LPS acquisition strategy in that this investment provides quality new build, a secure tenant and current attractive returns on the market today.

From initial responses we anticipate the take up rate will be in high demand. Therefore we encourage investors to apply immediately for contributions of a minimum of £50,000 by completing the attached application form and returning within 7 days to guarantee your ‘slot’.

This investment is available for all types of investors personal, pension, corporate and trusts.

To view the brochure follow this link to our property page; https://lincolnps.co.uk/property/mansfield/

If you have any questions please don’t hesitate to contact the team.