Annual Report 2012 - Development Securities PLC
Annual Report 2012 - Development Securities PLC
Annual Report 2012 - Development Securities PLC
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Bexleyheath,<br />
Kent<br />
A prominent retail parade located on the pedestrianised high street<br />
in Bexleyheath, Kent. The building provides retail units of between<br />
4,500 – 39,500 sq. ft. arranged over three floors. During the period<br />
£1.2 million was invested in the asset adding 17,000 sq. ft. of retail<br />
space for Primark Stores and achieving a rental uplift and a lease<br />
term extension to 25 years. This has resulted in a weighted average<br />
unexpired lease term across the asset of 18 years.<br />
<strong>Development</strong> <strong>Securities</strong> <strong>PLC</strong> / <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> 17
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