Property Detail

Supermarket CO-OP FOOD in West London for Sale, 15 Year Lease Agreement

Supermarket CO-OP FOOD in West London for Sale, 15 Year Lease Agreement

Property type: supermarket
Purchase of the project of rental business

Tenure: 999-year long leasehold

Completion: Q3 2023

Lettable area: ca. 400 m2

Location: West London, UK

Anchor tenant: CO-OP FOOD (supermarket chain)

Occupancy: 100%

Lease Agreement term: 15 years (with no tenant’s break 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 2,300,000 GBP
(+ closing costs)

Rental Income: ca. 110,000 GBP per annum
(+ indexation linked to inflation)

Net Yield: 4.5%

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http://www.brantstone.com/property/supermarket-for-sale-in-london-uk-02023784 02023784 Supermarket CO-OP FOOD in West London for Sale, 15 Year Lease Agreement