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Well secured retail warehouse investment

England, United Kingdom

74%

£4.390.000

Vente de détail

#35050

Core+

27 Oct 2024

Détails du bien

Courtier

Désactivé

50,883 sq.ft.

4 727 m²

GIA

86,28 £/sq.ft.

928 £/m²

7.00 %

3

Pleine propriété

X

Frais

0.00 %

0.50 %

0.00 %

0.50 %

Aperçu de l'investissement

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.