C2 Capital Week Street Maidstone Retail Investment Building Exterior

Week Street, Maidstone

Description

Located in an edge of prime location on Week Street close to Primark and McDonalds.  The property comprises two retail units let to William Hill and a temporary trader at the time of acquisition in July 2011.

Business Plan

Acquired into Fund 2, the Property was subsequently let to Burger King on a new lease expiring in 2035.  The Property was sold in July 2015 for £1.6m, reflecting a c. 40% premium to purchase price.

Exited Investment

Realised Returns

Geared IRR: 29.2%
Equity Multiple:2.5x
Hold Period: 4 years

Acquired on behalf:

Fund 1