Heron Foods Ltd, Hornsea HU18 1AB
A modern supermarket building let in its entirety to Heron Foods Limited for a term expiring 10/09/2031 and at a current rent of £40,245 pa. Heron Foods is a convenience store chain founded in 1978 and is based in Melton, East Yorkshire with over 250 stores, primarily in the north of England and Midlands and which is now owned by B&M Retail. Hornsea is a seaside resort town lying 14 miles north of Kingston-upon-Hull, 25 miles south of Scarborough, lying at the end of the Trans Pennine trail.
- Let to Heron Foods Limited on a lease expiring September 2031 (no breaks)
- Rent increases fiver yearly (next increase 2024) by CPI minimum 1%, maximum 3% pa.
- No VAT applicable
- Current Rent £40,245 pa
- Tenant has paid their rent in full during the pandemic.