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