January 17, 2020
A prime freehold shop investment in Rickmansworth, Hertfordshire, has been sold for £875,000, reflecting a net initial yield of 6.17%. The three-storey, Grade II listed building at 74 High Street is let to WHSmith on a 15-year lease with just under seven years unexpired. A reversionary lease was agreed in 2018 with a further rent …READ MORE
January 2, 2020
421 Lordship Lane, London, N17 6AG HRH Retail has successfully completed on the sale of this well secured, freehold, convenience store investment for a price reflecting a net initial yield of 5.05%. The property is situated in a busy and highly prominent corner location at the junction of Lordship Lane (A109) and Downhills Way (B155). …READ MORE
December 20, 2019
Sainsbury’s has opened a new smaller store format of 17,500 sq ft in the Buckinghamshire town of Olney, which it hopes to roll out across the UK. The sales area totals 10,000 sq ft and includes an Argos kiosk. It is also the first Sainsbury’s to feature a full RIHC (Refrigeration Integrated Heating and Cooling) …READ MORE
December 18, 2019
Sainsbury’s has opened a convenience store at the Royal Oxford Hotel close to the railway station in Oxford. The space in Park End Street had previously been occupied by a restaurant but has been newly refurbished by the hotel’s private owners to create a 3,950 sq ft ground floor store. Sainsbury’s has signed for a …READ MORE
December 16, 2019
Sainsbury’s Local has opened in a Taylor Wimpey housing development on the northern outskirts of Aylesbury, Buckinghamshire. Known as Berryfields, the scheme features 3,000 new homes, a primary school and Aylesbury Vale Academy, accommodating around 1,000 students between them. The 4,500 sq ft Sainsbury’s store is in a new local centre developed by New Crest …READ MORE