Plymouth - Friary Retail Park

Investment Summary

  • Freehold Retail Warehouse Investment.
  • Prime accessible edge of town
    location.
  • Open A1 (non-food) retail planning
    consent on 77,657 sq. ft of
    accommodation with 352 car parking
    spaces (1:220 sq. ft).
  • Excellent tenant line up of Wickes
    Building Supplies Ltd, Dunelm (Soft
    Furnishings) Ltd and Pets at Home Ltd.
  • Current total income of £1,153,890
    per annum exclusive, reflecting low
    average base rent of £14.85 per sq. ft.
  • Asset management and redevelopment
    potential, giving opportunity to
    enhance income profile.
  • Offers invited at in the region of £13,625,000 to reflect a net initial yield of 8% assuming purchaser’s costs at 5.725%.
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On the instructions of

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For further information please contact:

e: colin.boote@greenpartners.co.uk

d: 020 7659 4830

m: 07753 605670

e: james.baillie@greenpartners.co.uk

d: 020 7659 4839

m: 07702 669314

e: peter.pain@greenpartners.co.uk

d: 020 7659 4831

m: 07725 609005