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.