Investments / Four Pools Retail Park, Evesham
Square Metre Asset Management have completed the sale of Four Pools Retail Park, Evesham to Columbia Threadneedle for £18.6 million, reflecting a net initial yield of 5.85%.
The scheme is prominently positioned fronting the A56 Evesham bypass and is let to Halfords, Pets at Home, The Range, Countrywide Farmers and Frankie & Benny’s at a current passing rent of £1,158,001 pa. The leases have a combined WAULT of approximately 9.5 years. The scheme has a wide bulky goods planning consent and is held freehold.
Price: £18.6 million
Type: Investment Sale