Instructions

NISSAN & SKODA, RENNIE DRIVE, DARTFORD

SOLD

Disposal of a two car dealership investment.

  • Prime location adjoining the M25 and Dartford Crossing.
  • Modern dealerships trading as Marshall Nissan and Skoda.
  • Site area of 2.27 acres.
  • Unexpired lease term of over 20 years.
  • Low passing rent of £486,661 pa (£15.99 psf), assuming the imminent RPI based review.
  • OIEO £8,295,000 to show a net initial yield of 5.5% off the November 2023 topped up rent.

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