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Purpose-built shopping park

Saint Columb, United KingdomUnlock address

86%

£25.212.000

Retail

#12151

Core+

3 Feb 2024

Property Details

Broker

Deactivated

131,401 sq.ft.

12,207 m²

Leasable area

191 £/sq.ft.

2,065 £/m²

6.00 %

6

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Purpose-built shopping park that was developed in 2019. The units have been constructed to a very high specification with full height glazed frontages. The property comprises 6 units in a single terrace that total 64,280 sq ft at ground floor level, with upper floors of 61,033 sq ft. Customer car parking is located to the front and side of the terrace and all of the units have separate rear service access. The site extends to some 6.4 acres (2.6 ha). Exceptionally well let to six leading retailers, with a WAULT of 12.41 years (9.25 years to breaks).