59 Bugsby's Way, Greenwich Peninsula, Greenwich, London SE10 0QJ

For sale £43,320,000 19.7 acres
3 days ago. CSP
Primary Photo of 59 Bugsby's Way, Greenwich Peninsula, Greenwich, London SE10 0QJ
Full address
59 Bugsby's Way, Greenwich Peninsula, Greenwich, London SE10 0QJ - Greenwich, London
Asking price
£43,320,000
Size
19.7 acres
Tenure
Freehold
NIY (%)
4.85

A private investor has bought the freehold interest in the B&Q warehouse on the Greenwich Peninsular for £43.32 million reflecting a net initial yield of 4.85%.
The property was constructed in 1999 and comprises 93,511 sq ft of open A1 non-food retail warehouse accommodation. The property occupies a site which extends to 19.7 acres, 6.5 acres of which have been sold to IKEA on a co-terminus sublease. It is let to B&Q Plc, with a passing rent of £2,244,000 per annum reflecting £24.00 psf.

This commercial property for sale is located in Greenwich, London

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Underground 0.7m Westcombe Park
National rail 0.8m Westcombe Park
Nearest airport 3.3m London City

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