Prime super long income foodstore investment

Opportunity to acquire a prime freehold foodstore investment with petrol filling station and complimentary ‘district centre’ uses. Let to Tesco Stores Limited on an FRI lease for a term of 99 years from 20th December 2007 expiring on 19th December 2106. Offering secure income for a further 84.4 years. Dominant store within its immediate catchment that benefits from prominent accessibility on to A6191 and A617. Situated to the south east of Mansfield Town Centre benefitting from a substantial catchment population of 263,277. Current passing rent of £660,000 per annum, equating to a very low £7.02 per sq ft, with the rent calculated at 35% of the Open Market Rental Value. Upwards only 5 yearly rent reviews with the next review on 5th August 2025. A multi-channel foodstore, which provides a hub for online delivery and ‘Click & Collect’ functionality.