High yielding town centre supermarket investment

Clacton-on-Sea. Sainsbury's, 39-55 High Street
CO15 1NV

Asking (STC) Offers in excess of £4,165,000
Net Initial Yield 8.00%
Unexpired Term 3.42 years
Passing Rent £355,000 pa
  • Clacton-on-Sea is a busy coastal town with a thriving tourism industry and set to receive a share of the governments £1bn Future High Street Fund
  • Town centre location adjacent to Clacton's principle car park with excess of 300 spaces
  • Freehold
  • Well configured store with excellent servicing provision
  • 3.42 years unexpired to exceptional covenant Sainsbury's Supermarkets Limited
  • Sainsbury's only full range store within Tendring District