Prime Retail Park

Prime Retail Park

England, United Kingdom

68%

£16.681.000

Retail

Core

27 Jun 2022

#11020

Property Details

75,646 sq.ft.

7,028 m²

Leasable area

220.51 £/sq.ft.

2,373 £/m²

6.50 %

Freehold

5

For sale

Authorized representative

X

Fees

0.00 %

0.20 %

0.00 %

0.00 %

0.40 %

Investment Overview

The property comprises a purpose built retail warehouse park comprising four retail units and a restaurant. The scheme totals 75,646 sq ft of accommodation. The buildings are fully let between 5 tenants. Attractive WAULT of 9.6 years (9.0 years to breaks). The scheme and the surrounding complimentary retail offer combine to form the town’s dominant retail location. The property is held in a Jersey based SPV.