
- Acquired in May 2016
- New foodstore in Mountsorrel and adjacent development site, located between Leicester and Loughborough
- Foodstore let to Waitrose for 15 years (no breaks) on FRI lease
- Investment underpinned by the strong income generation provided by the Waitrose foodstore with scope to exploit the development site to enhance investors’ returns
- Development site sold in April 2017 to a local developer giving a significant return to investors and enhancing the running yield on the retained Waitrose foodstore