Lismore Real Estate Advisors have advised a private client on the sale of Units 1 & Whistleberry Retail Park, let to B&M and Farmfoods. B&M extends to 30,100 sq.ft plus a garden centre of 10,218 sq.ft, whilst Farmfoods extends to a total of 5,540 sq.ft. The park benefits from an attractive WAULT to breaks of 9.56 years and to expiry of 10.9 years.
The sale price of £4.175m reflects a net initial yield of 5.4%.