Property Detail

Supermarket SAINSBURY’S in South East London for Sale, Lease Agreement Ends 2031, Freehold

Supermarket SAINSBURY’S in South East London for Sale, Lease Agreement Ends 2031, Freehold

Property type: supermarket
Purchase of the project of rental business

Tenure: freehold

Location: South East London, UK


Anchor tenant: Sainsbury's (supermarket chain)

Other tenants: residential units

Occupancy: 100%

Lease Agreement: until 2031 (with no tenant’s break option)

Possibility of renewal: YES
Rent Review: YES

Purchase price: offers in excess of 19,500,000 GBP
(+ closing costs)

Rental Income: 1,040,300 GBP per annum
(+ indexation linked to inflation)

Yield: 5.3%

Extra information:

Further residential development potential (subject to necessary consents).

Property Contact

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http://www.brantstone.com/property/invest-in-property-in-london-uk-02023448 02023448 Supermarket SAINSBURY’S in South East London for Sale, Lease Agreement Ends 2031, Freehold