Supermarket with a chain tenant, London, UK

Additional information is provided after the signing of an NDA

Supermarket with a chain tenant, London, UK

£2,100,000
£4,356 /m²
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  • Total area
    482 m²
  • Yield
    4.8%
  • Built in 
    2014
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: £96,528
Tenants
  • Fully let
  • End of lease: 2029
Features
  • Street retail

Supermarket with a well-known chain tenant in London.

Description

Commercial space on the ground floor with an area of 482 m².

Tenure: Virtual Freehold.

Financial performance

The annual income is £ 100,646 (~ € 112,000).

The yield is 4.8%.

Tenants

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 August 2029.

Transaction costs

Brokerage fee.

Location and nearby infrastructure

The property is located in London, in the densely populated area of White City. The nearest metro and public transport stops are just a short walk away.

London is the capital and largest city of the United Kingdom of Great Britain and Northern Ireland and the 3rd largest city in Europe. The population of the city is more than 8.6 million people.

London is the main political, economic and cultural center of the United Kingdom.

London belongs to the global cities of the highest rank and the world's leading financial centers. Its economy is 1/5 of the country's one.

The tourism industry employs more than 250 thousand people. Every year tourists leave in London more than 10 billion pounds.

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