Property overview

Loungers, 13 Market Place, Faversham

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£ Confidential
Jul 2024

Acting on behalf of private investor, AP Investment has recently acquired a single let retail investment in the centre of the Kent market town of Faversham.

 

The ground & basement unit was a former banking hall and has been taken by Loungers who opened in July. The company now have over 250 sites around the country.

 

The building also has two flats above which have been sold off. The retail element is let to Loungers UK Ltd for an unbroken 15 year term from May 2024 at a rent of £60,000 per annum.

 

The vendor was represented by Smith Price RRG.

 

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