For SaleotherUnverified

Investment for sale - Aldi, 64 Nottingham Road, Bingham, NG13 8AW

Aldi, 64 Nottingham Road, Bingham NG13 8AW

CommercialUK

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Size
18,317 sq ft
Tenure
freehold
Listed
2 days ago

Property Description

<strong>Description</strong><br>This purpose‑built Aldi supermarket offers approximately 18,317 sq ft (1,701.70 sq m) of efficient trading space on a well‑configured 0.93 acre (0.38 hectare) site, complemented by a 30 space customer car park.<br /> Constructed to Aldi’s modern specification<br><br><strong>Tenancy</strong><br>The supermarket is let to Aldi Stores Limited on a 125 year lease from 7 August 2015, with 5 yearly RPI‑linked increases between 1% and 2.5% per annum compounded.<br /> The lease provides for a Tenant Option to Determine on 7 August 2035 and every 5 year thereafter, subject to serving 12 months written notice. The lease contains a reinstatement provision.<br><br>
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S
Savills

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