Investments / 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.
The scheme is well let to B&Q, Tapi, Home Bargains, Pets at Home and Argos and produces a rent of £1,481,037 per annum reflecting £12.15 psf overall. The investment has a WAULT of 9.8 year.
There is a planning consent to downsize the B&Q and create three new retail units.
Price: £21.334 million
Type: Investment Sale
Status: On market