On behalf of private clients, Cooper Rose has sold the freehold interest in the Sainsburys in Bishop Auckland for an undisclosed price.
The property comprises a purpose built food store totalling 96,702 sq ft.
The property is let to Sainsbury’s Supermarkets Ltd for a term of 25 years from 29 September 2010 at a passing rent of £2,075,043 pa.
The rent is subject to upwards only reviews on a 5-yearly basis, with the next review being on 29 September 2025.
Contact Ben Rose or our joint agents Morgan Williams
