Sainsbury's, 12-14 Market Place, Chipping Norton, Oxfordshire OX7 5NA

Sainsbury's, 12-14 Market Place, Chipping Norton, Oxfordshire OX7 5NA

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  • Prime supermarket investment in wealthy Oxfordshire town

  • Prominent corner location fronting the town’s principal retailing street

  • Purpose built supermarket extending to 15,228 sq ft over ground, first floor and second floors

  • 0.52 acres site area with 30 car parking spaces (1:508 sq ft)

  • Let to the undoubted covenant of Sainsbury’s Supermarkets Limited – over £23bn in turnover

  • Let on assignment for a term of 20 years with effect from 25th January 2008 and expiring 24th January 2028 (9 years unexpired)

  • Current rent £332,822 per annum (£21.86 psf) subject to OMRV review in January 2023

  • Freehold

  • Offers in excess of £5,500,000 (STC)

  • 5.68% Net Initial Yield

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