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LaSalle buys Sainsbury's superstore

LaSalle Investment Management has purchased the Sainsbury’s superstore in South Woodford on behalf of a client for £36.75m.
By James Buckley
December 11, 2017 | 4:36 P.M.

The property is let on a new 25-year lease to Sainsbury’s. The site is also underpinned by longer term redevelopment potential to provide a significant mixed-use scheme. The 4.2-acre site comprises a 59,107 sq ft foodstore, a seven-screen Odeon cinema, five high street retail units and a 250 space car park.

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