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

123 Victoria Street, London, SW1E 6DE

Telephone: +44 20 3790 8087,  Email: ir@atratocapital.com

ABOUT

Supermarket Income REIT plc is listed on the London Stock Exchange. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term inflation-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital is the Company's Investment Adviser.

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GOVERNANCE

Supermarket Income REIT Plc is a proud member of the Association of Investment Companies implementing the principles and recommendations of the AIC’s Code of Corporate Governance.

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