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Retail warehouse investment in Greater London

Dartford, United Kingdom

74%

£7.300.000

Industrial

#34354

Core

28 Oct 2024

Property Details

Broker

For sale

39,602 sq.ft.

3,679 m²

Leasable area

184 £/sq.ft.

1,984 £/m²

6.25 %

1

Freehold

X

Fees

0.00 %

0.50 %

0.00 %

0.50 %

Investment Overview

Ssale of B&M in Dartford, an excellently located roadside site within a 3-minute drive from Junction 2 of the M25 Orbital. The property is situated in one of the fastest growing conurbations in the UK and is the only national discount store in the area. The asset comprises a total ground floor area of 39,602 sq ft together with a garden centre, service yard and associated car park set out to the front of the unit. B&M have occupied the unit since 2021 on a 15 yr unbroken term with 12.5 yrs unexpired at a very low passing rent of £12.30 per sq ft which offers future asset performance when considering the prime South East location.