Tesco Express, Southampton
Unit A, Mapmakers Mercator Close, Romsey Road, Southampton, SO16 4HW
- Virtual Freehold Blue-Chip Convenience Store Investment
- Ground floor unit measuring 4,176 sq ft
- 15 dedicated car parking spaces
- New build Unit with extensive glass frontage and feature timber effect.
- Southampton is on the south coast of England and is the largest city in Hampshire. It is 75 miles (121 km) south-west of London and 19 miles (31 km) north-west of Portsmouth.
- Southampton is a major port and has an estimated population of 253,651
- Romsey Road is a busy route connecting the north western suburbs and neighborhoods of Southampton to the City Centre.
- The property is located in a residential suburb of Southampton close to University Hospital Southampton and Princess Anne Hospital.
- The unit forms part of Mapmakers, a new residential development of 66 homes. The area has undergone significant redevelopment with more than 400 residential units constructed.
- Let to Tesco from Spring ’17 on a 20 year FR&I lease (break at 10th year) for £70,000 p.a.
- 5 yearly RPI linked rental increases
- There is a break at the 10th year