Supermarket ALDI in the Сounty of Gloucestershire for Sale, Lease Agreement Ends 2033
Property type: supermarket
Purchase of established rental business
Tenure: freehold
Construction year: 2018
Location: the county of Gloucestershire, UK
Building area: ca. 1,700 m2
Car parking facilities: 90+ parking spaces
Anchor tenant: ALDI (supermarket chain)
Occupancy: 100%
Lease Agreement: until 2033 (+ 15-year renewal option)
Possibility of renewal: YES
Rent Review: YES
Full Repair and Insure Lease (FRI lease):
• tenant is responsible for all operating expenses including land tax, building insurance, minor repairs, potential renovation of the entire building, etc.
Purchase price: offers in excess of 5,250,000 GBP
(+ closing costs)
Rental Income: ca. 308,900 GBP per annum
(+ indexation linked to inflation)
Net Yield: 5.5%
Reversionary Yield (after 2028 rent review): 6.2%