This property, situated in what is known as the “Golden Triangle” for logistics and distribution real estate in the United Kingdom.
The property is owned in freehold and is well located in Stenhousemuir, Glasgow, within the District of Falkirk in Scotland. Stenhousemuir benefits from excellent road links, close to the M876 and M9, strategically positioned in the Glasgow-Edinburgh conurbation approximately equidistant between the two cities. It comprises a stand-alone, modern, purpose built solus retail warehouse leased to B&M Retail Limited, which boasts more than 500 stores in the UK, has 25 000 employees and on average has 3m customer transactions per week. The company is a wholly owned subsidiary of the LSE listed and FTSE 100 member B&M European Value Retail SA. TH UK & Ireland Limited trading as Tim Hortons is a Canadian based multi-national fast food restaurant known for its coffee and donuts. It is Canada’s largest quick service restaurant chain with 4,613 restaurants in nine countries.
Stenhousemuir, Glasgow, Scotland
A single storey, modern stand-alone retail warehouse with a separate stand-alone Tim Horton pod
22 000 square foot B&M with an adjacent 5 000 square foot garden centre + 2 500 square foot Tim Horton
B&M Retail Limited + TH UK & Ireland Limited (underpinned by an HSBC bank guarantee)
B&M August 2033, Tim Horton April 2038
6.35%
Fully repairing and insuring (i.e. tenant responsible for all operating costs), upwards only 5 yearly rent reviews
This property, situated in what is known as the “Golden Triangle” for logistics and distribution real estate in the United Kingdom.
This property, situated in Runcorn in the Liverpool area in the United Kingdom
This property, situated adjacent to the A11 in Snetterton being 6 miles north east of Thetford and 20 miles west of Norwich.
This property in Cardiff, situated in the capital city of Wales approximately 150 miles west of London.
The property is prominently located approximately 4 miles south west of the Lincoln city centre in the commercial area known as South West Quarter Business District
The property is prominently located and forms part of the Yarm Road Interchange.
The property is located on Lakeside Boulevard, Doncaster and is approximately 32 miles south east of Leeds.
The property is located at a very prominent position on the major route into Grimsby from the West.
The property known as Compass South is a modern office building located in Chatham Maritime.
The property is well located in Wombourne Enterprise Park.
This property, situated in one of Yorkshire’s largest business parks, Sheffield Business Park.
The property known as Richmond House is a modern regional office building in a well located and established office park in Gateshead.
The property is well located on Radar Road in the established Braunstone Frith Industrial Estate, Leicester.
The property is well located in Riverside Avenue, adjacent the Dundee airport
The property is a well located and modern office building known as Willow House, situated in Broadlands Business Park, Norwich, East Anglia
A strategic distribution location in the UK, Doncaster is a key district within Yorkshire, equidistant between Sheffield and Leeds.
The property is located in the established New York Industrial Estate approximately six miles north-east of Newcastle City Centre.
Marina Quay Retail Park, Rhyl, was acquired for £17.70m at an acquisition yield of 6.00%.
The Aldi and Home Bargains in Milngavie, Glasgow, was acquired for £11.70m on 17 December 2021 at an acquisition
yield of 4.86%.
North Durham Retail Park is a brand new, modern retail park constructed in 2022, comprising over 55,000 sqft of space.
Tesco, Tavistock, was acquired for £11.224m at an acquisition yield of 4.25%. Located just 13 miles north of Plymouth, Tavistock is considered to be a sought after and affluent commuter town/suburb of Plymouth.