Investment.

Yeading.

Tesco Extra, UB4 9SQ

Map View

Status.

Sold on 25/12/2019

Price.

£52,425,000

Location.

The property is easily accessible, situated on the outskirts of the town centre, just off the Willow Tree Roundabout, at The Parkway’s (A312) junction with Glencoe Road. A busy commercial and densely populated residential area the property is adjacent to The Willow Tree Lane Retail Park (125,000 sq ft) where B&Q, B&M, Burger King and Starbucks are all represented.

There is a parade of eight shops (not included in the sale) adjoining the car-park off Jolly’s Lane, occupied by a range of national and local occupiers including Coral and The Post Office.

Description.

This substantial, modern purpose built food store, occupies a 10.34 acre site and dominates its immediate catchment.

The property was developed in 1992, subsequently extended in 2004/5 and comprises a predominantly single storey food store with an associated petrol filling station (16 pumps) and a 599 space surface car park (1:166 sq ft).

The property is fitted in the Tesco Extra livery and in addition to extensive retail sales provides an integral Café, Click & Collect,ATM, Pharmacy, Tesco Mobile/Travel Money kiosks and Vision Express.

The store is serviced at the rear from a separate walled and gated yard.

Rent.

£3,663,000.00 per annum exclusive

Tenant(s).

Tesco

Tenure.

Freehold

Yield.

6.4% NIY

Share.

All viewings are strictly by prior appointment.

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

Aberdeen Standard

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team g&p is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson