Supermarket Income REIT plc announced the acquisition of a Tesco omnichannel supermarket in Stoke-on-Trent,Staffordshire,for a total purchase price of £34.7 million (excluding acquisition costs), reflecting a net initial yield of 7.5%. The acquisition comprises a 54,451 sq ft net sales area omnichannel supermarket and petrol filling station which sits on an 8.7 acre site. The store was built in 1994 and supports Tesco's online fulfilment operation via both home delivery vans and customer Click & Collect.

The store is being acquired with an unexpired lease term of 11 years and is subject to annual RPI-linked rent reviews (subject to a 4% cap and a 0% floor).