Morrisons, Doncaster
PRIME, MODERN, SUPERMARKET AND PETROL FILLING STATION
Staunton Whiteman have sold the Morrisons in Doncaster.
- Prime, modern, supermarket and petrol filling station investment.
- Located in a fast-growing catchment, adjacent to the principal arterial route into Doncaster city centre from the M18.
- Let to Wm Morrison Supermarkets Ltd on two separate leases with a combined WAULT of 14.5 years.
- 5 yearly rent reviews geared to RPI. The supermarket lease (accounting for some 90% of the income) is linked to RPIX and has a collar/cap of 1.0 – 3.5% pac. The petrol filling station lease is linked to RPI with a collar/cap of 1.0 – 3.0% pac.
- The supermarket is let at a low rent of just £20.71 psf.
A PDF brochure is available here.
Price: c £22.5m
Type: Investment Sale
Status: Completed
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