Ediston Real Estate and Europa Capital Partners are offering Pasteur Retail Park, Great Yarmouth for sale
Ediston Real Estate and Europa Capital Partners are offering Pasteur Retail Park, Great Yarmouth for sale for £21.334 million reflecting an initial yield of 6.5% and a modest capital value of £175 psf.
The scheme is well let to B&Q, Tapi, Home Bargains, Pets at Home and Argos and produces a rent of £1,481,037 per annum reflecting £12.15 psf overall. The investment has a WAULT of 9.8 year.
There is a planning consent to downsize the B&Q and create three new retail units.