Retail

Keighley Retail Park, Keighley 

 

Price: £14,500,000 - Initial Yield:6.69%

Date: Q1 2018

Acting on behalf of LSH Investment Management we advised on the purchase of this retail park from TH Real Estate for £14.50m, reflecting a net initial yield of 6.69%.

The property comprises a purpose built open A1 retail park which extends to 65,571 sq ft, with parking for 285 vehicles. The scheme is fully let to 11 tenants, with an AWULT of 6.9 years to expiry and 5 years to break, and produces a total income of £1,035,066 p.a.

Contact

Julian Gallagher

Tel: 020 7493 3330
Mob: 07941 413 299
jgallagher@lewisellis.co.uk


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