Waitrose, Twyford

Summary

Lunson Mitchenall on behalf of the council acquired the Waitrose on London Road in Twyford, which is secured to Waitrose Ltd on a 20 year lease with 2% fixed annual increases.

The asset sits on a strategic 2.6 acre site in the heart of the town centre. The transaction was one of a number of recent sales and leasebacks on Waitrose stores in the South.

Client

Wokingham Borough Council

Lot Size

£14.87m

Yield

4.25%

Disposal