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Barnstaple Retail Park 2 Retail Properties Offered at £8,000,000 in Sticklepath
INVESTMENT HIGHLIGHTS
- Prime B&Q anchored retail park located in the centre of Barnstaple, comprising 61% of the total income
- New leases to Wren Kitchens and Farmfoods. B&Q recently regeared their lease until 2033
- Freehold – 3.8 acres
- Purpose built retail park comprising 3 retail warehousing units extending 51,021 sq ft and 220 free car parking spaces
- Total income of £571,500 per annum, reflecting a low average rent of £11.20 per sq ft
EXECUTIVE SUMMARY
The freehold of this retail park is available for the the guide price of £8 million providing a yield of 6.7%.
PROPERTY FACTS
| Price | £8,000,000 | Number of Properties | 2 |
| Price psf | £120.77 / sq ft | Individually For Sale | 0 |
| Yield | 6.70% | Total Property Size | 66,244 sq ft |
| Sale Type | Investment | Total Land Area | 7.60 ac |
| Status | Active |
| Price | £8,000,000 |
| Price psf | £120.77 / sq ft |
| Yield | 6.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 66,244 sq ft |
| Total Land Area | 7.60 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
B&Q
Station Rd, Sticklepath EX31 2AU |
Retail | 51,021 sq ft | 1998 | - |
| Station Rd, Sticklepath EX31 2AU | Retail | 15,223 sq ft | 1998 | - |
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Barnstaple Retail Park
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