Square Metre Asset Management have completed the sale of Four Pools Retail Park to Columbia Threadneedl
Square Metre Asset Management have completed the sale of Four Pools Retail Park, Evesham to Columbia Threadneedle for £18.6 million, reflecting a net initial yield of 5.85%.
The scheme is prominently positioned fronting the A56 Evesham bypass and is let to Halfords, Pets at Home, The Range, Countrywide Farmers and Frankie & Benny’s at a current passing rent of £1,158,001 pa. The leases have a combined WAULT of approximately 9.5 years. The scheme has a wide bulky goods planning consent and is held freehold.
