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Barnett Ross · 22 Oct 2026 · in 3 days

Retail Investment let to One Stop Stores Limited - Gross Yield 8%

126 Peartree Lane, Welwyn Garden City, Hertfordshire AL7 3XW · East of England

LiveRetailLeaseholdLet

Retail Investment let to One Stop Stores Limited - Gross Yield 8%
Guide
£210,000
Rent a year
£17,000
Yield on the guide
8.0%
Payback
13 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
B
Size
1,000 sq ft£17.00 rent per sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

B from the government EPC register, lodged 2 Oct 2024 (certificate 2487-3850-0341-2697-2701). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

Market comparisons: included with access, £49 a month. Start with a free account.

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History

  • First listed on Cornerlot 11 Oct 2026.

Barnett Ross' record

Barnett Ross' results: included with access, £49 a month. Start with a free account.

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About the lot

Leasehold retail lot in Welwyn Garden City. Producing £17,000 a year, a 8.0% gross yield at the guide.

Retail Investment let to One Stop Stores Limited - Gross Yield 8% 6 Week Completion A semi-detached building comprising a Ground Floor Shop with internal access to Ancillary Accommodation on the first floor. Accommodation: Ground Floor Shop Gross Frontage 20'1" Internal Width 18'11" Shop Depth 54'9" Built Depth 58'9" Area Approx. 1,000 sq ft First Floor Ancillary Area Approx. 600 sq ft incl. WC Total Area Approx. 1,600 sq ft VAT is applicable to this Lot Tenure Leasehold for a term of 125 years (less 6 days) from 9th September 1992 (thus having approx. 91 years unexpired) at a fixed ground rent of £100 p.a. Tenancy: The entire property is let on a full repairing and insuring lease (refer to lease) to One Stop Stores Limited (a subsidiary of Tesco and having over 1,000 branches) (T/O for Y/E 22.02.25 £1.29bn, Pre-Tax Loss £2.6m and Shareholders' Funds £145.3m) for a term from 21st February 2025 to 31st July 2037 at a current rent of £17,000 per annum exclusive. Rent Reviews 2027 and 2032 Tenant's Breaks 2032 and 2037 Note: The adjacent semi-detached unit, which has been trading as ‘One Stop' for at least approx. 20 years, interconnects with Unit 1 at ground floor level, but it is…

Figures come from Barnett Ross' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.