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Prominent Town Centre Foodstore Investment

Prominent Town Centre Foodstore Investment

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Auction date

26 Mar 2026

Guide price

£1,500,000

Type

Commercial

Tenure

Freehold

EPC Rating

C

Status

Upcoming

Auction location placehbolder

Description

Investment property let entirely to Marks & Spencer Plc, a leading British retailer, with a market cap of £8.2 billion. The lease is for 20 years until January 2039, with an option to break in January 2034. It features annual upward only rent reviews indexed to RPI, with a cap and collar. The property encompasses approximately 1,181 sq.m. (12,713 sq.ft.) and benefits from dual access. It has been occupied by M&S since 2007 and is situated adjacent to key council-operated car parks with nearby competitors including Sainsbury's and Boots.

Last update: 07 Mar 2026

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