Investment for sale - Farmfoods Ltd, 320 Woodchurch Road, Birkenhead

The property comprises a high yielding supermarket investment let to Farmfoods and occupying a prominent pitch. Arranged as a ground floor retail unit with a large rear car park of approx. 23 spaces, the property is fully let to Farmfoods Limited, a long-standing tenant of 30+ years on a 10 year lease expiring 26.10.2029 and paying £46,500 per annum. We consider the property may offer asset management potential via renewal of the lease and improvement of rent, with the current rent being below the rateable value of £52,500. The property benefits from a prominent frontage to Woodchurch Road, a principal arterial route and the main retail amenity in Prenton. The property is well located for grocery amenity with tenants on the same street including Kwik Fit, Aldi and Sainsburys.