Barking Town Centre is the commercial heart of the London Borough of Barking and Dagenham, centred around a historic market dating back to the 13th century. The town centre is undergoing significant transformation with the Barking Town Centre regeneration programme delivering new homes, commercial space, and improved public realm. Competitive rents compared to inner London make it attractive for small businesses and investors seeking yield.
Barking Town Centre offers some of London's most affordable commercial property with retail rents of £20-30 per square foot and office rents from £15-22 per square foot. Yields of 7-8% significantly exceed inner London. The regeneration programme is expected to drive rental growth as the area improves. Strong demand from independent retailers and food businesses serving the diverse local community.
Barking Town Centre regeneration delivering new homes, commercial space, and cultural facilities. The Ice House Quarter and Gascoigne Estate renewal programme are transforming the area. New creative hub at the former Magistrates Court. Vicarage Field redevelopment to bring new retail and leisure.
Led by Matt Lenzie, ex-Lloyds Bank & Bank of Scotland, with direct lender relationships across Greater London.