Investments / Waterglade Retail Park, Clacton-on-Sea

Square Metre Asset Management have successfully completed the sale of Waterglade Retail Park, Clacton-on-Sea for £11.3 million, reflecting a net initial yield of 9.25%.

The scheme is occupied by B&M, Next, Carpetright, Halfords and Iceland and produces a rent of £1,124,161 per annum.

It has a fully Open A1 planning consent which includes the sale of food.