B&M Retail Limited – Towcester

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B&M Retail Limited - Towcester

This property is conveniently located in the out-of-town retail cluster of Towcester, an affluent market town in Northamptonshire situated approximately 10 miles south west of Northampton. It comprises a modern stand alone purpose built retail warehouse, leased to B&M Retail Limited, which boasts 450 stores and some 20 000 employees in the UK. B&M Retail is a wholly owned subsidiary of LSE listed B&M European Value Retail S.A.

Location Towcester
Use Single storey, modern stand alone retail warehouse
Size 21 174 sq ft (1 970 m2)
Site area 2 acres (0.81 hectares)
Tenant B&M Retail Limited
Tenant rating 5A1 - Dun and Bradstreet
Lease expiry 28 September 2028
Acquisition yield 6%
Type of lease Fully repairing and insuring, upwards only rent reviews