The 35,594-sf retail park was constructed in 1996, next to a Safeway Superstore. It is let to Mothercare; Boots the Chemist; Halfords and Time Computers with rents on the main retail warehouse units ranging from £17.50 ($29) to £18.22 ($30) per sf. Total income is currently £621,320 ($1.03 million) per annum.

Wilkinson Williams acted for Henderson, and the purchaser was represented by Cluttons.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Retail