LONDON-Orchard Street Investment Management has bought the Tesco Extra in Wembley from a joint venture between Tesco and British Land on behalf of one of its client. The company paid GBP 61.86 million for the property, which is situated near Wembley Stadium.
The property comprises a 122,145-square-foot purpose-built Tesco Extra store, a stand-alone petrol station and 781 car park spaces. The site is leased to Tesco Stores Ltd. for 23 years. For the full story, go to PropertyMall .
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