Trade Investment – Stafford Road, Wallington

31-35 Stafford Road, Wallington SM6 9AP

• Located in the affluent South London suburb of Wallington
• Situated 5 minutes from Wallington railway station in the town centre
• Newly developed retail unit let to Screwfix Direct Ltd for a term of 10 years from Practical Completion
• Screwfix Direct Ltd benefit from a Dun & Bradstreet credit rating of 5A1, a net worth of £569m and are a wholly owned subsidiary of Kingfisher plc.
• Rent of £90,000 per annum
• 250 year long leasehold at peppercorn (Virtual Freehold)
• Seeking offers in excess of £1.415m subject to contract and exclusive of VAT
• Net initial yield of 6% after allowance for purchaser’s costs of 6.05%