Quattro Portfolio

Sutton, Reading, Knutsford, Edinburgh
Rare opportunity to acquire four prime food stores in affluent locations across the UK.
  • The portfolio comprises four supermarkets let to the undoubted covenants of Asda, M&S, Waitrose and Sainsbury’s.
  • Each supermarket benefits from a large catchment area with high consumer demand.
  • The properties are all within very affluent locations with an above average proportion of the population being within Social Grade AB.
  • Total floor area of 50,670 sq ft (4,707 sq m) with each store ranging from 10,000 - 15,000 sq ft. 
  • Attractive WAULT of 8.90 years to expiry and 7.70 years to break.
  • Total passing rent of £1,539,380 per annum reflecting £30.38 per sq ft.
  • 100% of the income is secured against tenants with a very low risk of business failure. 
  • 37% of the income subject to a fixed or RPI rent review within the next 2 years.  
  • All the properties are held freehold/feuhold. 

Offers are invited in excess of £24,000,000 subject to contract and exclusive of VAT. 

A purchase at this level will reflect a blended Net Initial Yield of 6.00% and a capital value of £474 per sq ft after assuming purchaser costs of 6.75%. 

searchclosedownloadarrow-circle-o-downenvelopeangle-double-upellipsis-vphone-handsetcrossarrow-leftarrow-right linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram