Investments / Waterglade Retail Park, Clacton-on-Sea
Square Metre Asset Management are offering Waterglade Retail Park, Clacton-on-Sea for sale for £15.6 million reflecting an initial yield of 7.08%, net of purchase costs of 1.8%, rising to 7.20% in February 2020.
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.
Price: £15.6 million
Type: Investment Sale
Status: On Market