Property Detail

Supermarket SAINSBURY’S in London for Sale, Lease Agreement Ends 2029, Virtual Freehold

Supermarket SAINSBURY’S in London for Sale, Lease Agreement Ends 2029, Virtual Freehold

Property type: supermarket
Purchase of established rental business

Tenure: virtual freehold

Location: Hammersmith and Fulham, London, UK


Building size: ca. 500 m2

Anchor tenant: Sainsbury's (supermarket chain)

Occupancy: 100%

Lease Agreement ends: 2029 (tenant’s break option in 2024)

Possibility of renewal: YES
Rent Review: YES

Purchase price: 1,950,000 GBP
(+ closing costs)

Rental Income: 89,000 GBP per annum
(+ indexation linked to inflation)

Yield: 4.6%

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http://www.brantstone.com/property/supermarket-sainsburys-for-sale-in-london-uk-02020297 02020297 Supermarket SAINSBURY’S in London for Sale, Lease Agreement Ends 2029, Virtual Freehold