Staunton Whiteman have sold Wessex Gate East Retail Park, Poole
Staunton Whiteman have sold Wessex Gate East Retail Park, Poole for £6 million, reflecting an initial yield of 8.43% to a private investor.
The park is a modern purpose-built retail park, arranged as four units. If forms part of Poole’s dominant retail warehouse destination. It is adjacent to a 102,350 sq ft B&Q Warehouse, and in close proximity to Wessex Gate Retail Park, and Aldi/Wren Kitchens units.
It is let to Next, Dreams, Easy Bathrooms and Jollyes and produces a rent of £540,189 per annum (£17.99 psf overall).