Investments / Wickes, Exeter

A private client of Staunton Whiteman has bought the Wickes in Exeter for £11.45 million, reflecting 5.20% IY.

The Wickes is located to the east of Exeter city centre, beside junction 30 of the M5. It is a single prime retail warehouse unit of 31,550 sq ft and is let to Wickes Building Supplies Ltd for a further 11 years at £636,008 pa.

For further information please contact

Price: £11.45m

Type: Investment Purchase

Status: Completed