Freehold Property to buy in Frimley

Key points

• Frimley is located in the affluent county of Surrey, only 30 miles south-west from Central London.
• The property is held Freehold.
• Purpose-built supermarket extending to 29,617 sq ft and 125 customer car parking spaces (60 demised), reflecting an overall ratio of 1:236 sq ft.
• Fully let to Waitrose Limited until June 2036, providing an attractive unexpired term of 10.75 years.
• Affordable, rebased rent of £430,000pa, reflecting £15.94psf.
• 5 yearly rent reviews to CPI, collared and capped at 1% - 3% per annum (calculated over the 5 year period).
• Waitrose has a monopoly market share in Frimley, being the only major supermarket in Frimley.
• The store has a strong trading profile with an important on-line fulfilment distribution function.
• EPC B rating.