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Sainsbury’s Local, Oxted

11 Master Cl, Oxted RH8 9NA, UK

Basic Facts

Property ID: 12742 Post Updated: 2020-11-19 14:32:34
Status: Type:
Tenure: Virtual Freehold Area: 5140 sq ft
VAT applicable: No

Property Description

  • Freehold Blue-Chip Supermarket Investment in London.
  • The property comprises a corner ground floor and basement convenience store (5,140 sq ft) as part of a 3 storey building, the upper floors comprise 6 residential units which are being sold separately.
  • Property benefits from car parking spaces.

Location Description

  • Oxted is a prosperous Surrey town with excellent train links to Central London (fastest journey 28 minutes).
  • The substantial building is opposite the station which has 30 min trains into London.

Tenancy

  • Sainsbury’s Supermarkets Ltd are to enter into a new 15 year lease over the ground floor and basement. The commencing rental of £65,000 pax is to be subject to 5 yearly CPI linked rent reviews, compounded to the fifth year and collared at 1% and capped at 3% and the Tenant is to benefit from a Tenant break option upon expiry of the tenth year.

Features

£1m - £5m
Blue-chip tenant
Customer car parking
Finance available
Freehold
Suitable for a SIPP

View on Map

Current Opportunities

Current Opportunity

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