Long Income London Food Store Investment
In August 2021, Joiner Cummings acted on the purchase of the Sainsbury's supermarket in Wimbledon on behalf of an institutional investor.
- Index linked, long income foodstore in South West London.
- The property comprises a purpose built foodstore and office building extending to 51,804 sq ft (4,812.75 sq m) GIA.
- The property is let entirely to Sainsbury’s Supermarkets Ltd on a full repairing and insuring lease expiring on 28th Sept 2042 (providing approximately 21.2 years unexpired).
- The property is underpinned by residential and commercial development opportunities.