Having initially acquired the lease for this Foodhall unit in Queen's Park, north west London, in 2016 on behalf of our retained client, Marks & Spencer, we’re excited to now reveal that we’ve just completed the purchase of the property on behalf of Tom Heptonstall's private investor client.
The 6,327 sq ft store – located directly opposite Queen’s Park Overground and Underground station – represents a fantastic investment opportunity for our client, being a well-configured, modern food store fully let to the undoubtable covenant of M&S for an unexpired lease term of 9.8 years, generating an index-linked passing rent of £221,737 per annum.
Our thanks go to Maple Real Estate who advised the vendor.
To secure your position on the UK’s leading retail and leisure investment opportunities, get in touch with the FMX's investment team today.
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