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The Oaks Retail Park 3 Retail Properties Offered at £29,493,000 in Harlow
INVESTMENT HIGHLIGHTS
- An opportunity to acquire a prime retail park, strategically located 19 miles north east of Central London
- The Oaks is situated within the dominant retail warehouse cluster in a large, affluent and high-spending catchment
- Harlow has direct links to the M11, south (3.5 miles) and east (3.3 miles)
- he park, provides 114,138 sq ft across 8 units and a stand-alone drive-thru restaurant complimented by 382 customer parking spaces
- Connectivity is excellent, with access to all main transport infrastructure ensuring Harlow’s position as a key economic hub and London commuter town
- Harlow is located within the “UK Innovation Corridor”, an economic region of global significance, linking London and Cambridge
EXECUTIVE SUMMARY
The Oaks Retail Park is strategically located 19 miles north east of Central London. The park, provides 114,138 sq ft across 8 units and a stand-alone drive-thru restaurant complimented by 382 customer parking spaces. The Oaks is situated within the dominant retail warehouse cluster in a large, affluent and high-spending catchment.
The Oaks Retail Park is very well let to an attractive range of retailers, B&Q, Home Bargains, The Food Warehouse, Tops Tiles, Easy Bathrooms, Jollyes, Halfords and McDonald’s who produce an income of £1,968,682 pa, (£17.25 psf). Units rarely become available and when they do they are readily re-let at premium rental levels.
Harlow will be the fastest growing town in the UK with 23,000 new homes planned to be built, including £1.3bn of infrastructure improvements.
The Oaks Retail Park is very well let to an attractive range of retailers, B&Q, Home Bargains, The Food Warehouse, Tops Tiles, Easy Bathrooms, Jollyes, Halfords and McDonald’s who produce an income of £1,968,682 pa, (£17.25 psf). Units rarely become available and when they do they are readily re-let at premium rental levels.
Harlow will be the fastest growing town in the UK with 23,000 new homes planned to be built, including £1.3bn of infrastructure improvements.
PROPERTY FACTS
| Price | £29,493,000 | Number of Properties | 3 |
| Price psf | £258.39 / sq ft | Individually For Sale | 0 |
| Yield | 6.25% | Total Property Size | 114,140 sq ft |
| Sale Type | Investment | Total Land Area | 8.62 ac |
| Status | Pending |
| Price | £29,493,000 |
| Price psf | £258.39 / sq ft |
| Yield | 6.25% |
| Sale Type | Investment |
| Status | Pending |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 114,140 sq ft |
| Total Land Area | 8.62 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 6 Howard Way, Harlow CM20 2AB | Retail | 64,418 sq ft | 1990 | - |
| Howard Way, Harlow CM20 2AB | Retail | 44,145 sq ft | 1989 | - |
| Howard Way, Harlow CM20 2AB | Retail | 5,577 sq ft | 1990 | - |
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