New supermarket with a long term lease.
Description
The supermarket consists of a retail space of 1,254 m² on the ground floor, an office space of 147 m², a storage space of 543 m².
There is parking for 113 cars in the territory of the property.
The cost of the property is 7,355,000 £.
The absolute annual income is 372,939 £.
The current yield is 4.8%.
The projected annual income by 2036 is 635,400 £.
The projected yield is 8.1%.
The tenant is the leading retail network of universal supermarkets, which has more than 10 thousand stores around the world. The annual turnover of the company exceeds 10 million euros. The company owns 6.9% of the total food market in the UK.
The lease agreement is valid until 2038 and provides indexation of rent.
The property tax is 6.7%.
The brokerage fee is 2% + 20% VAT (in total 2.4%).
The property is located in the center of the trading city of Bedford, with a population of more than 150 thousand people.
The city has developed a network of public transport, which connects it with other major cities of the country.
Distance to major cities:
- Milton Keynes — 11 km
- Cambridge — 50 km
- London — 100 km
