Foodstore Investment – Newmarket Road, Newmarket Road

Aldi, Newmarket Road, Bury St Edmunds IP33 3TS

• Bury St Edmunds is an affluent historic market town and important regional centre in Suffolk
• Prominent foodstore forward commitment to purchase opportunity
• New store comprising 1,425 sq m (15,338 sq ft) with 83 car parking spaces (1:185 sq ft)
• Pre-let to Aldi Stores Limited (5A1) with a Net Worth in excess of £1.3 billion
• New full repairing and insuring lease from practical completion for a term of 20 years subject to a tenant’s option to determine in Year 15 and a tenant’s option to renew the lease on the same terms for a further 20 years
  Initial passing rent of £250,000 per annum (subject to measurement on PC) equating to a low rent of £16.30 per sq ft (based on the target GIA)
• 5 yearly upward only rent reviews linked to the Retail Price Index (RPI), capped and collared at 3% and 1% compounded annually
• Freehold