Tesco, Uxbridge Road, London, W12
£733.33 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,000-3,800 sq ft
279-353 sq m
- SECTOR
Convenience store for sale
- USE CLASSUse class orders: Class E
E
Key features
- A well-located virtual freehold Supermarket Investment
- Let to Tesco Stores Limited on a regeared 30-year lease from April 2009 (15.3 years unexpired)
- Retail unit of c.3,800 sq ft arranged over 2 floors
- Rent of £120,000 p.a.
- 5 yearly CPI-linked rent reviews compounded annually (1% - 3% pa), next review in April 2029
- Potential to re-develop in the future (subject to necessary consent)
- A few minutes walk from Shepherds Bush Market underground station
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%.
Brochures
Tesco, Uxbridge Road, London, W12
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shepherd's Bush (Hammersmith & City) Station0.1 miles
- Goldhawk Road Station0.3 miles
- Wood Lane Station0.3 miles
About Prideview Group, Middlesex
Prideview Place, 43 Church Road Stanmore HA7 4AA
The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.
We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.
We work closely with numerous propcos, traders, agents and vendors bot
Notes
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