Supermarket in London area

Photos available on request

Supermarket in London area

1,200,000 £
Send a request
Total area: 403 m² Yield: 5.4% Built in 2012
Send a request
Features
  • Operating Incomе: 76,050 €
  • 3-floor building
  • 1 floor
  • Occupancy: 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 and nearby objects

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.

supermarket-icon
Supermarkets
school-icon
Schools
cafe-icon
Cafe and restaurants
hospital-icon
Hospitals
airport-icon
Airports
Reset

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in the United Kingdom.

You can see more supermarkets for sale in London elsewhere on our website.

Similar listings

We select ads that may interest you.

Enquire about this supermarket
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Send a request
    When you submit a request, you agree to our terms and conditions
    Send one more request
    • Bank financing from 2% annually
    • Construction site audits
    • Management company services