Rent review of Sainsbury’s Locksbottom
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The Challenge
The rent on the 69,207 sq ft Sainsbury’s store at Locksbottom, Kent, was due to be reviewed on 14th March 2011.
The Solution
Cushman & Wakefield acted on behalf of British Land, the landlord, on the rent review of Sainsbury’s, Locksbottom.
The Results
A rent of £2,150,000 per annum was agreed, based on £28.25 per sq ft.