Acting on behalf of CBRE IM, Fawcett Mead are delighted to have advised on the sale of this highly desirable, South East food store investment.
The property is let to Sainsburys Supermarkets Limited until April 2029 and is subject to five yearly upward only rent reviews linked to RPI, therefore offering 7 years of extremely secure income.
Jonathan Mills commented: “We were pleased to sell this attractive food store investment for CBRE IM to a party who we knew had a strong requirement for such an asset. The transaction completed within the agreed 5 day timescale and continues our strong run in the food store investment market, for which we continue to experience very high levels of investor demand.”
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