SUPR acquires Newmarket Tesco Extra

SUPR is delighted to announce the acquisition of the Tesco Extra in Newmarket.

The 68,000 sq ft store is exactly in line with the SUPR investment strategy:

  • Long unexpired lease of 16 years

  • Annual, upward only, RPI linked rent reviews

  • Large, flexible 9 acre site with low site coverage

  • Omnichannel store supporting online distribution

Ben Green, a Director of Atrato Capital, The Investment Adviser to Supermarket Income REIT, said: "This modern Tesco Extra is a great addition to our growing portfolio of omnichannel stores. The property has attractive lease terms, strong fundamentals and is a key nline grocery fulfilment hub for Tesco, supporting both home delivery and click and collect.

Read more on Proactive Investors here