Chester Properties & Columbus Capital have sold Clyde Retail Park, Glasgow to Valad’s European Diversified Fund
Chester Properties and Columbus Capital have sold Clyde Retail Park, Clydebank, Glasgow to Valad’s European Diversified Fund for £17,100,000 reflecting a net initial yield of 7.29%.
The park extends to 149,048 sq ft, has an Open A1 (Non Food) planning consent and is let to retailers including; Matalan, TK Maxx, Go Outdoors, Halfords, Home Bargains, Jollyes, Dreams and KFC.
The scheme has a WAULT of 7.6 years to expiry and produces a passing rent of £1,324,763 per annum.
