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.
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