The property comprises a prime purpose built retail development anchored by Primark and benefitting from full Open A1 Retail (including food) planning consent. It totals 144,435 sq ft over ground and two upper floors, and will benefit from 454 shared car parking spaces with the adjacent Wickes unit (not within the Fund's ownership).
The area is expected to experience significant population growth in the coming years as a result of substantial new housing developments and the retail park is well positioned to benefit from this.
Date Purchased: |
December 2015 |
Tenure: |
Freehold |
Tenants: |
Next
Primark
Aldi
Wren Kitchens
|
Total Current Rent: |
£2,349,113 per annum |
Lease Expiries: |
2030-2037 (2032) |