Supermarket with RPI linked rent reviews

Prominent location in Maidstone, Kent in South East England. A modern, purpose built supermarket comprising 18,734 sq ft (1,740 sqm) with a 111-space surface car park (attractive parking ratio of 1:169 sq ft). Let on a 20-year FRI lease expiring 24th October 2037 – an attractive term of 15.5 years to expiry (10.5 years to break). 5 yearly upwards only RPI linked rent reviews (collar and cap of 1% and 3% per annum compounded). The current passing rent is £275,000 per annum. The next review is 25th October 2022 where the rent will rise to £317,084 per annum, reflecting £16.93psf.. The vendor is proposing to ‘top-up’ the rent to the 2022 review. There is a tenant’s only break option on 25th October 2032 subject to 12 months’ notice (10.5 years to break).