8/10/18 – Mountcharm Group acquires B&M Unit in March, Cambridgeshire

Mountcharm Group, advised by Aitchison Raffety, has purchased a B&M unit at March Trading Park, March, Cambridgeshire for around £2.6m from a private investor.

The solus retail warehouse unit extends to approximately 25,000 sq ft, and benefits from an external garden centre, 106 car parking spaces and a total site area of approximately 1.8 acres.

The freehold property is let to B&M Retail Ltd for a further 12 years at a low passing rent of £155,000 pax (£6.11 psf)

Mountcharm have been actively buying commercial assets for over 35 years and has a UK portfolio holding of in excess of £200 million. Aitchison Raffety advised the Mountcharm Group and Rapleys LLP acted on behalf of the vendor.

For further information, contact Jason Wyatt on 020 7907 3715 or email jason.wyatt@argroup.co.uk.

 

AR High Res Logo sml 3