Supermarkets sold for more than £60m

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A Tesco Extra and a new Aldi in the Beaumont Leys area of Leicester have been acquired for more than £60m.

Supermarket Income REIT has snapped up the sites from British Land plc.

The Tesco store was originally developed in the 1980s and subsequently extended and refurbished in 2007 to a 97,000 sq ft net sales area Tesco Extra.

The site has parking provision for more than 700 vehicles and a 12-pump petrol filling station.

It is being acquired with an unexpired lease term of seven years, with five-yearly, upwards only, open market rent reviews.

The Aldi is opening this year and extends to 14,800 sq ft of net sales area.

It has been acquired with

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