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Shopping Centre Units for sale in Digdens Rise, KT18

Create Alert 1 result Sorry, we currently do not have any listings for sale in 0 miles of Digdens Rise, KT18 - Please find below the nearest listings available.
For Sale£22,800,000.00

Prime London mixed use investment opportunity, located in the heart of Bromley town centre



•Prime London mixed use investment opportunity, located in the heart of Bromley town centre •Freehold •Held in the same ownership for 16 years •Located within an established London commuter hub, with direct trains to Central London in 16 minutes •Key retail anchor tenants include Sports Direct, Poundland, Argos and Iceland •87,145 sq ft (8,096 sq m) of retail sales, ancillary and storage accommodation predominantly arranged over one trading level •Newly developed 59-bed budget hotel, let to Travelodge on a 25-year lease with 5 yearly RPI-linked rent reviews with a cap and collar at 2-4% at first review and 1-4% thereafter •9,728 sq ft (904 sq m) of grade “A” office space •241-space NCP car park, directly accessible from The Mall (sold off on a long lease expiring on 1st November 2069) •Site extends to 1.95 acres •12.7% rise in population predicted in the next 10 years •Retail spend of £3.6 billion within a 15-minute drive-time •Average weighted unexpired lease term of 11.68 and 11.22 years to expiry and break respectively •83.5% of the gross income is secured to national multiple retailers and the car park •The property currently produces a total gross passing rent of £1,900,048 per annum and a net passing rent of £1,825,549.

The Mall, Bromley, BR1 1TS
Type: Shopping Centre Unit, Retail
Location: The Mall, The Mall, Bromley, BR1 1TS
Size: 87145 Sq Ft
Images: 1
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