Sainsbury’s Local Filling Station
170-174 Andover Road, Newbury RG14 6NT
Summary
- Alexander James were instructed by AXA Real Estate Investment Managers to sell this forecourt convenience investment
- Let to Sainsbury’s Supermarkets Limited with circa 11.5 years until lease expiry and 6.5 years until tenant break
- The passing rent is £198,805 per annum
- The rent is subject to five-yearly RPI uplifts in March 2024 and 2029 with an annual collar of 2% and cap of 4%
- Sale Price – Confidential
- For further information contact Alastair Coates