It is a grocery supermarket investment on the ground floor of a mixed-use building just a few kilometers south-west from central London.
Description
The total area of the supermarket is 423 m².
The property is situated next to a large residential development, providing a permanent clientele.
Tenure: Leasehold for 997 years.
Supermarket is fully leased out.
Financial performance
Absolute income is 80,000 £.
The current yield of 4,2%.
Tenants
Tenant is a Co-operative Food, grocery chain with more than a century of history.
Co-operative Food operates more than 3,500 supermarkets.
The lease agreement is signed for 15 years until 2028 with lease review every 5 years.
