£4.390.000
Confirmation
Well secured retail warehouse investment
England, United Kingdom
Retail
#35050
Core+
27 Oct 2024
Property Details
Broker
Deactivated
50,883 sq.ft.
4,727 m²GIA
86.28 £/sq.ft.
928 £/m²7.00 %
3
Freehold
Fees
Investment Overview
Well secured retail warehouse investment located in Castleford, West Yorkshire. Secured to the undoubted covenant of B&M Retail Limited. Three unit scheme comprising B&M, Morrisons, and British Heart Foundation (Morrisons and BHF sold off on LLH). Situated in a prominent position to the southwest of the town centre adjacent to an Aldi foodstore and the central bus station. B&M recently regeared on a new 10 year lease from June 2024, expiring in June 2034. Current passing rent of £327,500 pa equating to a low £10.57 per sq ft. Strong trading profile.
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