Property Detail

Supermarket LIDL in the Closest Suburb of Sheffield for Sale, 25 Year Lease Agreement, Freehold

Supermarket LIDL in the Closest Suburb of Sheffield for Sale, 25 Year Lease Agreement, Freehold

Property type: supermarket
Purchase of established rental business

Tenure: freehold

Completion year: September 2022
Store opening: March 2023

Building size: ca. 1,900 m2
Land size: ca. 8,600 m2

Car parking: 100+ spaces

Location: closest suburb of Sheffield, UK

Anchor tenant: Lidl (supermarket chain)

Occupancy: 100%

Lease Agreement term: 25 years
• Tenant’s break option: year 15 and 20
• Possibility of renewal: YES
• Rent Review: YES

Purchase price: offers in excess of 6,700,000 GBP
(+ closing costs)

Rental Income: 286,300 GBP per annum
(+ indexation linked to inflation)

Net Yield: 4.0%

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http://www.brantstone.com/property/supermarket-for-sale-in-sheffield-uk-02023775 02023775 Supermarket LIDL in the Closest Suburb of Sheffield for Sale, 25 Year Lease Agreement, Freehold