Investments / Colindale Retail Park, North London

Description

Colindale Retail Park is on the busy Edgware Road (A5), opposite the intersection to the A5 and A5150.  It was originally constructed in the 1980’s and comprises six units of retail warehouse accommodation.  The scheme is arranged in a horseshoe configuration around a central car park providing 158 car parking spaces.

Scheme Size

90,000 sq ft

Sold on behalf of

Aviva jointly with Savills

Scheme Value

£21.25m

Strategy

Aviva appointed Curson Sowerby Partners to assist Savills in the sale of this retail park. Aviva saw value in the sales team have access to specialist agency input from agents who worked on the scheme for several years and were best placed to sell asset management opportunities to potential investors.  We are now letting agents for DTZIM.