Waterglade Retail Park, Clacton-on-Sea
Square Metre Asset Management have successfully completed the sale of Waterglade Retail Park, Clacton-on-Sea for £11.3 million, reflecting a net initial yield of 9.25%.
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.
Waterglade Retail Park Brochure
Price: £11.3 million
Type: Investment Sale
Status: Completed
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