GET STARTED NOW

Express Interest in this Property

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK

Basic Facts

Property ID: 17973 Brochure Link: Download Brochure
Post Updated: 2024-02-06 15:14:43 Status:
Type: Tenure: Virtual Freehold
Area: 3800 sq ft Gross Rent: £ 120,000
Gross Yield %: 5.5 Lease Term: 30 Years From April 2009
Lease Term Expiry Date: 16/04/39 Years left on Lease: 14.8
VAT applicable: Yes (TOGC Available)

Property Description

  • Virtual freehold (999 years) supermarket investment.
  • Retail unit of c.3,800 sq ft arranged over 2 floors.
  • This Victorian end of terrace building was previously home to the historic chain Blockbuster.
  • Potential to re-develop in the future (subject to necessary consent).

Location Description

  • Fronting Uxbridge Road, The immediate location is surrounded by a mix of retail and residential.
  • Uxbridge Road is a major thoroughfare that cuts through Shepherds Bush and serves as a hub for various activities.
  • Shepherd’s Bush is a district of west London, England, within the London Borough of Hammersmith and Fulham.
  • It is well-connected both by public transport and road networks.
  • Shepherds Bush is known for its diverse and multicultural population, reflecting the broader demographic trends of London.
  • The property is a short walk from the well-known Shepherds Bush Market, nearby are a number of well-regarded independent and national retailers.

Additional Notes

  • The property is let on a FRI lease to Tesco Stores Limited on a re-geared lease for a term of 30 years expiring 16th April 2039 (15.3 years unexpired).
  • Rent of £120,000 p.a.
  • The rent is reviewed every 5th year based on CPI, compounded annually subject to a collar of 1% and cap of 3%.

Features

£1m - £5m
Attractive property
Blue-chip tenant
Lease term > 15 years
No Break clauses
Prime location
Virtual Freehold
West London

View on Map

Video

https://www.prideviewgroup.com/wp-content/uploads/2024/01/Tesco-Front-Page.jpg

Current Opportunities

Current Opportunity

Essar Service Station, Oakham

13 Melton Road, Oakham, Rutland LE15 6AX, UK View on map
Gross Yield % 8.3
0.17 acres
£ 2,100,000
Current Opportunity

Essar Service Station, Spalding

ESSAR Spalding, London Road, Little London, Spalding, UK View on map
Gross Yield % 8.3
0.17 acres
£ 2,350,000
Current Opportunity

Unconsented Development Project, Edgware

Whitchurch Lane, Edgware HA8 6LP, UK View on map
0.10 acres
£ 650,000
Current Opportunity
2065 sq ft
£ 900,000
Current Opportunity

Dry Cleaners and Flat, Sutton

2 Cheam Rd, Sutton SM1 1SR, UK View on map
Gross Yield % 7.6
1456 sq ft
£ 425,000
Current Opportunity

Vacant Shop and Flat, Rayleigh

48 Eastwood Rd, Rayleigh SS6 7JQ, UK View on map
1575 sq ft
£ 425,000
Current Opportunity

Consented Development of 4 flats, Wandsworth

The Gardeners, Merton Road, London, UK View on map
2065 sq ft
£ 900,000
Current Opportunity

Retail & HMO, Southall

2-6 The Broadway, Southall, UK View on map
6701 sq ft
Call for price
Current Opportunity

Tesco Express, Twickenham

246 Powder Mill Lane, Hounslow, UK View on map
Gross Yield % 5.5
4157 sq ft
£ 2,300,000
Current Opportunity

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
Gross Yield % 5.5
3800 sq ft
£ 2,200,000
Current Opportunity

Vacant Retail Unit, Wokingham

1 Beechey Place, Wokingham, UK View on map
2530 sq ft
£ 600,000
Current Opportunity

Bathroom Shop & 8 Flats, Kenton

142-144 Kenton Rd, Harrow HA3 8AZ, UK View on map
8302 sq ft
£ 2,500,000

Specsavers, Savers & Comfort Sofa’s

66 Boothferry Rd, Goole DN14 5BT, UK View on map
Gross Yield % 7.9
7586 sq ft
£ 650,000
Current Opportunity

Co-op Food, Bermondsey

Crimscott St, London SE1 5TE, UK View on map
5326 sq ft
£ 2,450,000

Iceland, Houghton-Le-Spring

15 Newbottle St, Houghton le Spring DH4 4AP, UK View on map
1292.70 sq ft
£ 1,300,000
Current Opportunity

Shop & 3 flats, Redhill

3 Brighton Rd, Redhill RH1 6TW, UK View on map
2595 sq ft
£ 950,000

Nail Salon, Stanmore, Greater London

7A The Broadway, Stanmore HA7 4DA, UK View on map
Gross Yield % 5
692 sq ft
£ 425,000
4992 sq ft
£ 3,800,000

Bodycare, West Bromwich

19 St James Pl, Mangotsfield, Bristol BS16 9JB, UK View on map
3713 sq ft
Current Opportunity

Co-op Food & Flat, Salisbury

10 Kelsey Road, Salisbury, Wiltshire SP1 1JP View on map
Gross Yield % 7
2398 sq ft
£ 375,000