LXi REIT plc has exchanged contracts on the pre-let forward funding acquisition of a Lidl foodstore in West Bridgford.
The store has been fully pre-let to Lidl on a 25-year lease.
LXi REIT is also forward funding EV charging points at the property, pre-let on an unbroken 25-year, RPI-linked lease to a specialist EV operator.
The freehold site comprises just over four acres and benefits from 180 car parking spaces.
The acquisition comes as part of a £15 million deal.