New supermarket with long-term lease in London.
A 400 m² corner commercial space located on the first floor of a new residential complex.
Completion date: Autumn 2020.
Tenure: Virtual freehold 999 year lease.
The annual income is £ 125,000 (~€ 140,000).
The net yield is 5%.
The property is fully let. The tenant is a large supermarket chain with 1,500 grocery stores across the UK.
The lease agreement is valid until 2035 with a tenants only break option in year 10.
Indexation of rent is provided.
The supermarket is located in London, in the district of Stratford.
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