9-13 Bell St - Storefront FOR SALE
Henley On Thames, OXF RG9 2BA |
$2,130,000 USD
207-317-3713
9-13 Bell St
Henley On Thames, OXF RG9 2BA
HIGHLIGHTS
- Hugely affluent town in the Home Counties.
- 100% prime location on Bell Street.
- Well configured foodstore comprising 3,570 sq ft of ground floor sales
- Rare Henley bond style supermarket with 13 years unexpired (8 years to break).
- Excellent covenant of Sainsburys Supermarkets Ltd. In occupation since 2009.
- Residential potential on first floor and in airspace by way of increased massing, subject to planning.
OVERVIEW
The property is situated in a 100% prime position on the west side of Bell Street – Henley’s prime shopping street.
The property is let to Sainsbury’s Supermarkets Limited on a 15 year FRI lease from 8 June 2023 at a current rent of £125,000 per annum, subject to 5 yearly upward only rent reviews to open market rental value. There is a tenant’s break option on 8 June 2033.
There are currently just over 8 years unexpired until the break.
FOR SALE DETAILS
PRICE
$2,130,000 USD
PRICE/SF
$313 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1925
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.1 AC
LAND SF
4,356 SF
ZONING
-
APN/PARCEL ID
ON111665,ON285904
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207-317-3713
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207-317-3713
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