Description

Highly liquid the street retail with the growing profitability it is located in the center Oldershota. Supermarket with the lease agreement with the grocery chain, largest in Europe. Room space is 1,286 sq.m. Type: street retail. It is located in the city core Oldershot on the pedestrian street with high passability. Current rent income of £150,719 per year (6.39%). Growth of rent income each 5 years: since June, 2020 will make £179,005 a year (7.58%). The lease agreement without the right of cancellation for the next 7.5 years and with extension option. In close proximity large retailers, such as Boots, WH Smith, Wilko, Argos, Sports Direct and Vodafone are located. Possession conditions - Lizkhold till 2164. Full support of the transaction in Russian. Without the commission.

About location:

Oldershot – the city in the County of Gepmshire in southeast England in 51 km from London. Population of the city 36,322 persons. Population of agglomeration 234,344 persons.

Oldershot differs in fine transport communications: through routes A331 and A31 exit to M3 and M25 highways, the railway message with the Waterloo station in London (the way takes only 47 minutes), 34 km to Heathrow airport and 42 km to the Getvik airport.

The supermarket is in the city core with exit to the principal pedestrian streets. In close proximity is the main street retail of the city (Boots, Peacocks, Argos, JD Sports, WH Smith, Superdrug, Vodafone, O2 Telephones, New Look, Clarks Shoes, Brighthouse, Poundworld, HSBC, Wilko and Sports Direct). Nearby more than 400 parking spaces and bus stop. Everything listed does location by principal point of attraction in the city for its inhabitants and guests.

About the tenant and lease term:

The European largest grocery chain with experience more than 50 years. More than 650 shops in Great Britain and 20,000 employees. Turnover of network in 2016 has made £41.526 billion. Net rent profit grows each 5 years:

• Current: £ 150,719 (6.39%);
• Since June 8, 2020: £ 179,005 (7.58%);
• Since June 8, 2025: £212.596 (9.01%);
• Since June 8, 2030: £252.506 (10.70%).

(The tenant has right of cancellation of the contract in 2025 and 2030). Price: £2,360,000