Retail park investment

South East Retail Park in one of the strongest retail warehouse locations in the UK. Westwood Retail Park and Westwood Gateway Retail Park are in the Westwood Cross area of Kent which dominates the retail provision for the region. Westwood Retail Park comprises 15 individual retail outlets and two A3 restaurants. Westwood Gateway Retail Park comprises 4 retail outlets. Together the parks provide 284,593 sq ft of space - or 264,977 sq ft disregarding the Aldi store which is held on a 999 year lease. The combined parks are 99% let by floor area. First class tenant line-up including Dunelm, Wren Kitchens, Homebase, Halfords, B&M, Pets at Home and Iceland. Total sales rent of £4,779,136 p.a. reflecting a low average rent of £18.04 per sq ft. Attractive WAULT of 6.8 years to expiry and 4.9 years to break. Over 1,000 car parking spaces and a total site area of 20.1 acres.