New 10 year lease to Poundland

Maidstone. 52-56 Week Street
ME14 1RR

Asking (STC) £3,450,000
Net Initial Yield 7.67%
WAULT 7.07 years
  • 100% prime Week Street at the junction with Fremlin Walk and Primark
  • c. 90% of income secured to excellent covenants Deichmann and Poundland
  • New 10 year lease to Poundland - no breaks
  • WAULT of 7.07 years to expiry
  • 0.44 acre freehold site
  • Opportunity to repurpose underutilised upper parts into a more valuable use