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Medway Valley Leisure Park

10 Properties Offered at £25,000,000 in Rochester

Investment Highlights

  • A dominant leisure park in the south east of England, approximately 2.5 miles from the historic centre of Rochester.
  • An attractive WAULT of 10.50 years (9.23 years to breaks).
  • Easily accessible from the M2 motorway providing direct access to London and Kentish port towns.

Executive Summary

We are instructed to seek offers in excess of £25,000,000 (Twenty Five Million Pounds), exclusive of VAT. This reflects a net initial yield of 9.64%, assuming purchaser’s costs at 6.78%.
The scheme comprises 215,512 sq ft within 11 individual units.
The park is home to a strong line up of national leisure brands anchored by one of the best trading Cineworlds in their portfolio together with Premier Inn, Hollywood Bowl and Nuffield

Attachments

1732098974871

Property Facts

Price £25,000,000
Price / SF £117.55 / SF
Net Initial Yield 9.64%
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 212,673 SF
Total Land Area 18.84 AC
  • Listing ID: 34015310

  • Date on Market: 27/11/2024

  • Last Updated:

  • Address: Medway Valley Leisure Park, Rochester, KEN

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