Sainsbury’s Local, 10-12 Camden High Street, London NW1 0JH

  • Price £3,121,000
  • Yield 5.25%
  • Income £175,000
  • Sector Commercial, Retail, High Street Retail

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.
Contact
Stephen Raingold
Email: stephenraingold@lewisandpartners.com
Mobile: 07775 647 499