We are delighted to announce the acquisition of an omnichannel Tesco supermarket in Colchester for £63m. This modern 54,300 sq ft net sales area supermarket sits on a 10 acre site and has been acquired with an unexpired lease term of 19 years with annual, RPI-linked rent reviews.
Ben Green Director of Atrato Capital, Investment Adviser to Supermarket Income REIT said:
“This Tesco store is a great addition to our growing portfolio of omnichannel stores with an attractive, long, index-linked lease in excess of 19 years. The property has strong underlying fundamentals and forms a key part of the Tesco online fulfilment network.”
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