News

B&Q – Tangent Link, Gallows Corner, Romford

Aberdeen Standard Investments are offering the B&Q, Tangent Link, Gallows Corner, Romford for sale for £25.05 million reflecting an initial yield of 5%.

The property is a prime London retail warehouse fronting the A12 close to its junction with the A127 at Gallows Corner.

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London Road Retail Park, Newbury

Square Metre Asset Management are offering London Road Retail Park, Newbury for sale for £28.06 million reflecting an initial yield of 7.27%.

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4D Cinema set to open at Rushden Lakes

Following the recent opening of the Eastern Terrace at Rushden Lakes (let to Wren Kitchens, AJ Cycles, Cotswold Outdoor, Decathlon and Hobbycraft), a new Cineworld multiplex is currently fitting out and is set to open in June 2019. The cinema will have a total of 14 screens, including a state of the art 4D screen.

The new leisure phase will also include Paradise Island Adventure Golf, 360 Soft Play, Flip Out Trampolining and Rock Up Climbing, together with restaurants let to TGI Fridays, Zizzi, Nando’s, Chiquito, Five Guys, Frankie & Benny’s, Heavenly Deserts and Out of Office Coffee.

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Binhamy Retail Park, Bude

Catesby Estates plc have successfully completed the sale of Binhamy Retail Park, Buck for £6.3 million, reflecting a net initial yield of 7.5%.

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Waterglade Retail Park, Clacton-on-Sea

Square Metre Asset Management have successfully completed the sale of Waterglade Retail Park, Clacton-on-Sea for £11.3 million, reflecting a net initial yield of 9.25%.

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Pasteur Retail Park, Great Yarmouth

Ediston Real Estate and Europa Capital Partners are offering Pasteur Retail Park, Great Yarmouth for sale for £21.334 million reflecting an initial yield of 6.5% and a modest capital value of £175 psf.

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Wren Kitchens, Swindon

The sale of the Wren Kitchens unit, Ashworth Road, Swindon has completed for £5.5 million, reflecting a net initial yield of 6.13%.

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Wren Kitchens, Aintree

The sale of the Wren Kitchens unit, Ormskirk Road, Aintree has completed for £5.35 million, reflecting a net initial yield of 6.39%.

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Greyhound Retail Park, Phase II, Chester

Gatehouse Bank have bought the freehold interest in Phase II of Greyhound Retail Park in Chester from Land Securities Plc for £67.25 million reflecting an initial yield of 6.16%.

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Great Western Retail Park, Glasgow

Sidra Capital have bought the heritable interest in the Great Western Retail Park, Glasgow for £57.85 million reflecting an initial yield of 6.5%.

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