Client: TIAA Henderson
Standalone supermarket comprising 35,000 sq ft acquired by investment team as part of a portfolio with a rent review from September 2014.
Part sublet to Easy Gym and valued to the higher of the whole or aggregate of 2 parts. In this instance, the overall value was deemed to be greater and the rent review was settled by negotiation at £19.50 per sq ft, demonstrating an increase of 20%.
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