Retail Investment With 12.6 Years Unexpired Income Let To Sainsbury’s
Summary
- Prime retail investment in the heart of Camden Town
- The wider Camden High Street benefits from an ongoing, culturally-led regeneration programme.
- Ground-floor retail unit with basement, totalling 7,783 sq ft (723 sq m).
- Let in its entirety to Sainsbury’s Supermarkets Ltd.
- Secure term of approximately 12.6 years unexpired to March 2039, with no break.
- A reversionary lease has recently been signed, removing the tenant break in 2029 and extending the term by 5 years.
- Held virtual freehold by way of a 999-year lease.