Prominent convenience store in desirable commuter town of West Kingsdown, Sevenoaks.
West Kingsdown is an affluent village approximately 5 miles northeast of Sevenoaks, 10 miles northwest of Aylesford and 20 miles southeast of Central London.
Located adjacent to an established retail parade to the north of the town off the A20 London Road.
Relocation from long standing occupation within adjacent retail parade due to over-trading.
New build convenience store with car park providing spaces for 5 vehicles.
Well configured two storey convenience store providing 4,865 sq ft (2,906 sq ft – GF sales floor area).
Let to Co-Op Group Food Limited (net assets - £1.96bn).
New FRI lease for a term of 15 years from 8th August 2023.
Initial rent of £108,000 per annum (£22.20 psf).
Rent to be reviewed 5 yearly upwards only in line with CPI annually compounded (1-3% cap and collared).