+44 20 3608 1267
Supermarket in London area with a 5,4% yield

Photos available on request

Supermarket in London area with a 5,4% yield

1,420,000 €
Submit request
Total area: 403 m² Yield: 5.4%
  • Absolute return: 76,050 €
  • Built in 2012
  • 3-floor building
  • 1 floor
  • Renter: 100%
  • Street retail

It is a supermarket for sale on the ground floor of the building.

Description

The total area of the property is 403 m², of which:

  • 359 m² — retail areas on the ground floor;
  • 44 m² — auxillary areas in the basement.

Three-story building was originally constructed as a pub, but it has been refubrished in 2012.

Tenure: Leasehold for 999 years.

The property is fully leased out to a major tenant.

Financial performance

Absolute income is 65,000 £.

The current yield of 5,4%.

The income will increase to at least 71,253 £ in May 2017.

Tenants

The tenant is Tesco, the largest retailer in the UK, founded in 1919.

The company's staff counts more than 500,000 people and its annual turnover exceeds £62 billion.

The lease agreement is signed for 20 years until 2032, non-terminable by the tenant for 10 years.

Location

The property is situated at the junction of two major roads.

Bus stops are in front of the entrance, the railway station is about 1 km away.

Similar listings

We are looking for similar ads

Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Hampshire
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%