Summary
J Sainsburys Plc , trading as Sainsburys, is the second largest grocery retailers in the UK with a 16% share of the supermarket sector. They have 1428 shops in the UK and own the Argos, Habitat, Nectar and Tu brands. Avison Young were recently appointed to exclusively advise Sainsburys on their UK non-trading portfolio which includes the disposal of Freehold assets including supermarkets surplus to requirement, the letting of surplus leasehold space and the letting of ‘space in-store’ . Avison Young are currently working on the sale or letting of over 100 assets Uk wide to mitigate liability and release latent value for the Sainsburys business. Recent successes include the Freehold disposal of 4 supermarkets surplus to requirements ranging in size from 35,000sqft to 55,000sqft. Avison Young are currently working on the sale or letting of over 100 assets Uk wide to mitigate liability and release latent value for the Sainsburys business. Recent successes include the Freehold disposal of 4 supermarkets surplus to requirements ranging in size from 35,000sqft to 55 ,000sqft.