Milton Sell Retail Asset in Sevenoaks




Milton Sell Retail Asset in Sevenoaks

On the 25th October 2019 The Milton Group completed the sale of the attractive retail and leisure asset 3c Dorset Street and 6-10 Bank Street, Sevenoaks. The investment property is let to Giggling Squid and two independent occupiers and having completed the asset management plan for the property we were able to offer the market a WAULT in excess of 13 years.

The Milton Group used retail specialist Joe Baio at Fawcett Mead to advise on, and complete, the sale of this asset.

Mark Douglas at The Milton Group commented “the long unexpired income, along with tenant diversification, in a small lot size was well received in the market and enabled us to achieve a satisfactory outcome for our disposal.”

Milton Let Fishers Way, Belvedere

Following refurbishment Milton have let their warehouse unit on Fishers Way, Belvedere.

Tim Baker commented “This property let very quickly vindicating our belief that the Belvedere / Erith area is a key London B1, B2 & B8 location and proving that demand remains strong for mid size warehouses with self contained yards.  The property was acquired in 2018 and we have substantial funds available for similar acquisitions, please contact me with any ideas”.

Milton Let 5 & 6 Kerry Avenue, Purfleet

After strong competition The Milton Group have let 5 & 6 Kerry Avenue, Purfleet Industrial Estate to Europcar Group UK Ltd.

With a site area of 1.77 acres, the property offers flexible accommodation. On the site there are buildings of 12,625 sqft split between warehouse and offices.

Milton were advised by joint letting agents, Jim O’Connell at Glenny –– 020 3141 3563 please click here for their marketing brochure or    Ben Collins at Kemsley – 01708 766733 please click here for their marketing brochure

Alternatively please contact Stuart Smith for further information.

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