- Investment portfolio
- Greenwich - 30-59 Bugsby’s Way, Charlton, SE7 7SE
- Greenwich – Units 1-3, Maritime Industrial Estate, Bugsby’s Way Retail Park
- Biggleswade - Strategic Retail Land Holding
- Greenwich - Stone Lake Retail Park, Woolwich Road, SE7 8LU
- Neats Court, Isle of Sheppey, Kent
- Rushden Lakes at Nene Valley
- Railway Triangle, Metz Way, Gloucester
- Riverside / Bridge Street, Queensway, Stafford
- South East Ayr
- Prodrive, Banbury
Greenwich - 30-59 Bugsby’s Way, Charlton, SE7 7SE
Size
Retail asset comprising about 70,000 sq ft of existing unrestricted retail space together with a recently granted planning consent for the development of a further 21,500 sq ft of unrestricted floor space on an adjoining site.
Location
30-59 Bugsby’s Way, Charlton, Greenwich SE7 7SE
Tenant(s)
Matalan
Phase 1 pre let to Wickes is under construction
Contact
Carl Barrand
.(JavaScript must be enabled to view this email address)
Details
Long leasehold interest acquired in an existing retail asset and a development site in Greenwich. The two properties are adjacent and situated on Bugsby’s Way, opposite Greenwich Shopping Park and an ASDA foodstore.
The retail unit is currently let to Matalan on a lease which has expired and the tenant is currently holding over. The site has the benefit of an unrestricted retail consent. The adjacent development site has planning consent for 21,500 sqft of unrestricted retail space and is pre-let to Wickes.
The current Matalan, passing rent is c.£0.765 million, and at a rent of about £14.00 per sq ft provides an excellent base for rental growth.
LXB Retail is in the process of incorporating the development site with the existing retail to produce circa 100,000 sq ft of unrestricted retail accommodation.
Copyright © LXB Retail Properties Plc | General Terms and Conditions | Privacy Policy
