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%