Sold
4/12 Lowfield Street & 11 Market Street, Dartford, Kent
London - M25
dba013
Mixed Use£2,450,000
Tenure: Freehold
Tenancy: Multi Let
Investment summary
•Net initial yield of 6.0%.
•Reversionary yield of 6.6%.
•Total net internal area of 1,842 sq m (19,829 sq ft).
•Two retail units situated in the prime, pedestrianised section of the town centre.
•94% of income deriving from the retail covenants of Argos and Lunn Poly.
•Major development planned on Lowfield Street incorporating a new Tesco superstore in close proximity to the property.