1. Realla
  2. Shops, retail for sale
  3. London
  4. Greenwich, London

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

Shop, retail unit for sale

£43,320,000 19.7 acres

CSP
Full address
59 Greenwich Peninsula, London, Greater London SE10 0QJ – Greenwich, London
Property type
Shop, retail unit for sale
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 shop, retail unit for sale is located in Greenwich, London.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to CSP. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CSP for full details and further information.