1 August, 2017
Purchase of Kingston upon Thames retail asset complete
DTZ Investors has successfully acquired the freehold interest in 55/57B Clarence Street & 4 Fife Road, Kingston-upon-Thames for £18.1m reflecting an initial yield of 4.4%.
This retail investment comprises a block of four retail units, offering modern, well configured retail and ancillary accommodation, principally arranged over ground and two upper floors. The asset is prominently situated at the pedestrianised junction of Clarence Street and Fife Road and benefits from wide frontages to Clarence Street and good ‘eye-line’ visibility from the main entrance to the Bentall Centre.
The acquisition provides exposure to an affluent Greater London market that is forecast to benefit from population growth of approximately 16% for the period to 2024.
DTZ Investors were represented by CWM.
Latest News
7 May, 2025
UK
Property Week Awards 2025 - DTZ Investors Announced as a Finalist in Four Categories
16 April, 2025
UK
DTZ Investors offers Work Experience and hosts an Insight Day with The Land Collective
2 April, 2025
UK
DTZ Investors Completes a 10 year term to GAIL’s Bakery
21 March, 2025
UK
DTZ Investors disposes of two Midlands retail parks for £33m.
