January 2015
The 43,315 sq ft scheme comprises three retail warehouses let to Wickes, Pets At Home and B&M Bargains in a well-let, prominent and well-configured retail park. The park is easily accessible and benefits from its location in Chippenham, a strong market town. The investment has an average weighted unexpired lease term of 8.5 years. The rent roll is £691,463 pa and the purchase reflects a net initial yield of 5.82%.