Retail for sale - Sainsbury's Local, Watnall Road, Hucknall, Nottingham, NG15 6EY
Sainsbury's Local, Hucknall, Nottingham, NG15 6EY
Price
£1,000,000
Size
4,401 sq ft
Tenure
freehold
Listed
1 month ago
Property Description
<strong>Description</strong><br>The property comprises a purpose built food store constructed in 2015 of two storey brick/concrete block construction beneath a pitched tile covered roof.<br />
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The accommodation comprises a large ground floor retail area with ancillary storage and staff accommodation to the first floor. Externally, there are 14 car parking spaces including 2 disabled spaces.<br><br><strong>Tenancy</strong><br>The property is let to Sainsburys Supermarkets Ltd on a full repairing and insuring lease on a term to expire 1 November 2030, without further tenant breaks. The lease provides for regular RPI linked rent reviews every 5 years and the rent has recently been increased to £71,306 per annum with effect from 2 November 2025.<br><br>