KINGS HILL

KINGS HILL, WEST MALLING, KENT ME19 4AU

Freehold Neighbourhood Retail & Office Investment and Retail/Leisure Development Site

Kings Hill

The property has the following key attributes that we would like to draw to your attention:

• Kings Hill is an important regional economic growth area for the county of Kent.
• Strategically located less than 40 miles southeast of London.
• Established and expanding residential and office area with an integrated live, work, and play environment.
• Dominant neighbourhood shopping centre anchored by three major supermarket operators.
• Opportunity to exploit additional development land.
• Excellent rental growth prospects.

Our clients have instructed us to seek offers in excess of £7,250,000 (Seven Million Two Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the shopping centre. A purchase at this price would show an investor a net initial yield of approximately 8.56% assuming normal purchaser’s costs.

Separate offers are sought for the freehold of the long leasehold of the Waitrose and adjacent development site.