Property Detail

Supermarket CO-OP FOOD in West London for Sale, Remaining Lease Term = 7 Years

Supermarket CO-OP FOOD in West London for Sale, Remaining Lease Term = 7 Years

Property type: supermarket
Purchase of the project of rental business

Tenure: 999-year long leasehold

Building size: ca. 450 m2

Location: West London, UK

Anchor tenant: CO-OP FOOD (supermarket chain)

Occupancy: 100%

Remaining lease term: 7 years
Possibility of renewal: YES
Rent Review: YES

Full Repair and Insure Lease (FRI lease):
• tenant is responsible forall operating expenses including land tax, building insurance, minor repairs,potential renovation of the entire building, etc.

Purchase price: offers in excess of 1,600,000 GBP
(+ closing costs)

Rental Income: ca. 76,100 GBP per annum
(+ indexation linked to inflation)

Net Yield: 4.8%

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http://www.brantstone.com/property/supermarket-for-sale-in-london-uk-02023778 02023778 Supermarket CO-OP FOOD in West London for Sale, Remaining Lease Term = 7 Years