Investments / DFS, London Road, Maidstone
The Daily Mail Pension Fund is offering the DFS in Maidstone for sale for £8.97 million reflecting a net initial yield of 10%.
The DFS in Maidstone is a prime purpose-built retail warehouse of 20,460 sq ft in a strong South East location.
It produces a current rent of £958,230 per annum and is let to DFS Trading Limited for a further 8.75 years.
DFS Trading Limited is an excellent covenant and has the highest Creditsafe score of 100.
DFS have just announced excellent interim results, have reinstated their dividend and their shares are trading at a record high of £3.07.
For further information please contact:
Price: £8.97 million
Type: Investment Sale
Status: On the market