On behalf of asset management clients, HTA Real Estate have disposed of this established, prominent roadside convenience store. The lease was extended in advance of exit to ensure maximum value was secured on behalf of the client. The disposal was completed off-market and is let to Sainsbury’s for an unexpired term of over 10 years with index linked reviews, in the attractive and historic market town of Market Drayton in Shropshire.
Douglas Cranston commented, 'We have an active strategy underway for this client to dispose of, non-core, 'off patch' assets and recycle the proceeds into regional development / investment opportunities in the convenience / roadside sector. The disposal provides additional fire power to execute this strategy.'
