The Investment Team have assisted in acquiring the freehold of Waitrose on Foss Island Road in York on behalf of a UK pension fund.
The property comprised 35,000 sq ft on a site spanning 1.18 Hectares and is secured to Waitrose Limited until October 2030. The lease benefits from a further fixed rental uplift in 2020.
The property was purchased for in excess of £13.5m.
For further information please contact David Freeman or Ed Smith.