Tesco Express, Gravesend

 

145 Whitehill Lane, Gravesend, DA12 5LS

Offers in excess of
N/A
Acquired
Type - Commercial
Tenant type - Supermarket
  • Tenure: Freehold
  • Gross Rent: £51,565
  • Lease Term: 20 years from July 2010
  • VAT applicable?: Y

Property Description

  • Freehold Blue-Chip Convenience Store Investment.
  • A converted former public house with on-site customer car parking.
  • The 3,908 sq.ft. retail unit is situated on ground floor level only, and has car parking for 6 vehicles.

Location Description

  • Historic Thames Estuary town with a population of 66,000 and is only 20 miles east of Charing Cross.
  • The property is located in a high density housing estate to the south of Gravesend town centre and adjacent to Whitehill neighbourhood parade.

Additional Notes

  • Let to Tesco Stores Ltd for a term of 20 years from July 2010.
  • The lease provides for five yearly RPI compounded increases.

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