Maidstone, Kent
Wickes Extra superstore
Citygrove bought this site – a disused and contaminated former gas works - from National Grid Transco.
After a successful land remediation programme, Citygrove entered into a pre-let agreement with Wickes and sold the investment on completion to Legal and General for £23.9 million.
Tenants
Wickes Extra
Size
60,000 sq ft / 5,575 sq m
Completion
2004
Value on completion
£23,980,000
Annual rental income
£1,395,000
Ownership
Legal & General Assurance Society Limited