A private client of Staunton Whiteman has acquired the Travis Perkins in Bletchley, Milton Keynes for £5.1m, reflecting an initial yield of 6.00%. The property is located just to the south of Stadium MK and the adjoining shopping and leisure parks that Staunton Whiteman funded on behalf of The Crown…

Buccleuch Property have bought Red Square Retail Park in Worthing for £3.75m from CBRE GI. The scheme is a purpose-built two-unit retail park of c 18,000 sq ft. One unit is let to Pets at Home and the other is under offer. It is adjacent to a J.Sainsbury’s supermarket, Lyons…

Edison have sold the Sofa.com, Natuzzi and ScS units for £3.7 million, to Elstar. The subject property comprises three purpose-built retail warehouses with a large costumer car park to the front and a separate secure service yard to the rear. It is let to Sofa.com, Natuzzi and ScS at £387,700…

Acting on behalf of Capreon and its lending banks, ICBC and Lloyds, Staunton Whiteman have successfully completed the sale of Parkgate, Rotherham to Columbia Threadneedle. Parkgate, Rotherham is the UK’s 2nd largest retail warehouse park, which in total offers 577,837 sq ft of ground floor retail accommodation. It attracts over 10…

PRIME, MODERN, SUPERMARKET AND PETROL FILLING STATION Staunton Whiteman have sold the Morrisons in Doncaster. Prime, modern, supermarket and petrol filling station investment. Located in a fast-growing catchment, adjacent to the principal arterial route into Doncaster city centre from the M18. Let to Wm Morrison Supermarkets Ltd on two separate…

On behalf of a private investor, Staunton Whiteman have successfully bought the freehold interest in the B&Q, Ladymead Road, Guildford. The property comprises a single modern retail warehouse unit of 55,000 sq ft with associated customer car parking. It forms a part of Guildford’s main retail warehouse offer. Price: ConfidentialType: Investment PurchaseStatus:…

We are instructed to sell Wessex Gate East Retail Park, Poole for £6.52 million, reflecting an initial yield of 7.75%. The park is a modern purpose-built retail park, arranged as four units.  If forms part of Poole’s dominant retail warehouse destination. It is adjacent to a 102,350 sq ft B&Q Warehouse,…

We are instructed to sell Stour Retail Park, Canterbury on behalf of clients of Credit Suisse for £17.03 million, reflecting an initial yield of 7.5%. The park is a modern purpose-built retail park, arranged as a single terrace of units, which was originally constructed in 1990. The main terrace of…

A private investor has bought the freehold interest in Lidl, Ladymead Road, Guildford for circa £17 million. The property comprises a 33,464 sq ft steel portal frame retail unit, subdivided into two, with 148 car parking spaces.  It is fully let to Lidl for a further 22.7 years and produces…

UK’s 2nd LARGEST RETAIL PARK Staunton Whiteman are instructed to sell Parkgate, Rotherham. The UK’s 2nd largest retail park. It comprises a total of 577,837 sq ft of unrestricted retail accommodation in 45 units and occupies a site of 37.5 acres. It has a catchment population of 438,954 within a…

Delancey and Threadneedle have taken full control of Castlepoint Shopping Park in Bournemouth. The investors have acquired Abrdn’s half share in the property and will now own the park In a 50:50 joint venture. Castlepoint is the UK’s largest retail park totalling 684,000 sq ft and provides 36 units let…

MetroBox have sold the freehold interest in Broadbridge Heath Retail Park, Horsham to a UK Pension Fund. The 61,445 sq ft park was developed in 1989 and has been continuously let to the original three tenants, Homebase, Carpetright and Halfords. Rents on the park range from £22 to £27 psf….

MetroBox are offering the freehold interest in Solihull Retail Park for £93.53 million, reflecting a net initial yield of 5.75%. The 198,290 sq ft park is at the heart of a 525,000 sq ft out of town retail destination in the West Midlands’ most affluent town. The park is let…

Harmsworth are offering the freehold interest in the B&Q in Yate for sale for £11.78 million reflecting a net initial yield of 5.25%. The B&Q is prominently situated opposite a Morrisons supermarket and PFS. It comprises a store of 36,690 sq ft with parking for 172 cars (1:213 sq ft)….

Consolidated Property Group have sold Bicester Shopping Park to Realty Income for c £34.5 million, reflecting an initial yield of 5%. The property is a new shopping park located opposite Bicester Village Outlet Centre and a 24 hour Tesco supermarket. The property is let to Next, Marks & Spencer, Nike,…

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…

Buccleuch Property has completed its first significant investment into the retail warehouse market buying Colchester Retail Park from Abrdn.   The scheme is located on the edge of Colchester town centre and is let to Matalan, Go Outdoors, Shoe Zone, Matha Supermarket, Pure Gym, Subway and Starbucks.  The scheme is approximately 62,000…

Frogmore have sold West One Retail Park in Eccles for £27.5 million. The scheme is a prime modern retail park of 150,000 sq ft and is let to tenants including Lidl, Home Bargains, The Food Warehouse, Pure Gym, Smyths Toys and McDonald’s. Staunton Whiteman acquired the scheme for Frogmore in…

Fidelity have sold the Matalan, Cricketers Way, Basildon for £8.9 million reflecting a net initial yield of 6.65%. The property is located adjacent to a J Sainsbury’s foodstore and a junction of the A127. It is 35,289 sq ft and is let to Matalan for a further 9.75 years at…

Consolidated Property Group have sold Kingsley Village Shopping Park in Cornwall for £28 million, reflecting a yield of 5.35%. Kingsley Village is Cornwall’s premier retail park, located immediately to the north of the A30, the principal arterial route through south west England. The park is let to M&S, Next, TK…

Fidelity have sold Parc Plaza, Bridgend for £6.9 million, reflecting a net initial yield of 6.57%. The property forms a part of Bridgend’s main retail warehouse location. It is a prime modern retail warehouse of two units totalling 40,712 sq ft let to Dunelm and Argos with a combined WAULT…

Tritax have sold Phase 4, Cortonwood Retail Park for £9.15 million reflecting a net initial yield of 8.15%. The property forms part of a 454,000 sq ft retail warehouse destination that trades extremely well. Phase 4 comprises three units of 32,519 sq ft that have been let to Smyths Toys,…

Ares have sold Meteor Centre Retail Park, Derby for £30.8 million reflecting a net initial yield of 8.0%. The property is a prime retail warehouse park of 189,702 sq ft which is let to tenants including; The Range, Wren, DFS, B&M, Pets at Home, Bensons for Beds, Jysk, McDonald’s and…

METROBOX have sold the B&Q, Currys and Easy Bathrooms in Chippenham for £16.69 million, reflecting a net initial yield of 6%. The property is a prime retail park of 79,950 sq ft on a 9.9 acre site (18.5% site cover). It is let to B&Q (72.0%), Currys (22.4%) and Easy…

CBRE Global Investors have sold the B&M and ScS, Mariners Way, Preston for £6.94 million reflecting a net initial yield of 8.25%. The property is situated 1 mile west of Preston city centre, adjacent to a Morrisons supermarket and a McDonald’s drive-thru. Both units comprise a total of 43,472 sq…