The Packhorse Centre is situated in the heart of Huddersfield's town center with a prominent frontage on to King Street and opposite The Piazza shopping center. It comprises 41 units and a department store at groundfloor level with offices above. It is anchored by Argos with other tenants including Phones 4 U, Birthdays, Carphone Warehouse, Warren James, Dillons, Greenwoods and Stead & Simpson. The total annual rent roll is £1.5 million ($2.8 million).

Richard Tanner, Triton property fund manager says: "The Packhorse Centre provides a secure and growing income stream off an attractive yield profile."

Franc Warwick represented Chester Properties and Capital Retail advised UBS.

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.