Investments / 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%.

The property comprises a new retail park of 43,000 sq ft which has the benefit of a restricted A1 planning content.

It is let to B&M, Sue Ryder, Peakcocks, Subway and Card Factory which produce an overall rent of £503,669 per annum reflecting £11.60 per sq ft.

Binhamy Retail Park Brochure

Price: £6.3 million

Type: Investment Sale

Status: Completed