Convenience Store Let To Sainsbury's Supermarkets Ltd With Signifianct Re-Gear Potential

Summary

• Located in the affluent town of Royal Tunbridge Wells.
• 4,529 sq ft convenience store let to Sainsbury’s Supermarkets Ltd until 15/11/2028 (approximately 3.75 years remaining).
• Sainsbury’s have occupied the property since 2006.
• Rent is reviewed 5 yearly to RPI with a minimum increase of 7.728% and a maximum increase of 18.769%. (based on the RPI index figure the month before review).
• Next review taking palce in May 2027.
• Freehold.
• Strong potential for a 15-year lease regear with Sainsbury’s.