Supermarket Income REIT (SUPR) has acquired a Tesco superstore, M&S Foodhall and an Iceland in Chineham, England, and an Asda supermarket in Carcroft, England, for a total purchase price of €96.3 million ($tk million).
The 18.7-acre Chineham site has been acquired from Tellon Capital and comprises a 60,938-square-foot net sales area Tesco superstore with a large omnichannel operation, a 16-pump petrol filling station, and 878 parking spaces. The store is an online hub for Tesco, operating 13 home delivery vans and a dedicated Click & Collect facility in the car park. The property also includes an M&S Foodhall, Iceland, and further complementary non-food tenants. The Tesco store has a remaining lease term of 12 years and is subject to five yearly open-market rent reviews.
The Asda store in Carcroft comprises a 45,813-square-foot net sales area omnichannel supermarket on a 5.2-acre site and includes 340 parking spaces. Asda has operated from the site
