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.
Price: £6.3 million
Type: Investment Sale