The specialist motor trade department within Kent based Chartered Surveyors Caxtons is delighted to announce that, acting on behalf of a private client, they have let the former Yes! Car Credit showrooms on the A20 at Fiveways junction, New Eltham to Ford Retail Limited.

The showroom is adjacent to Kwik-Fit with, Carphone Warehouse nearby and adjoining the Green Lane Business Park. The site has forecourt display for 30+ vehicles, as well as a rear compound.

This ideal London location is within easy reach of junction 3 on the M25 and junction 1 of the M20.

Ford Retail Ltd is undertaking an extensive refurbishment of the prominent 30,000 sq ft (2,787 sq m) property and plans to open in autumn with full dealership facilities.

Ian Bingham, Caxtons’ motor trade specialist, was responsible for negotiations and commented: “Our client is delighted with the outcome. The property is now let for 20 years to a strong company who will make full use of this extensive building. Various obstacles were overcome, including planning permission for alterations to a property, which fronts a trunk road; lease negotiations were exceptionally detailed and complex. However, the outcome justifies the team effort.”

The asking rent was £200,000 per annum.