Chippenham Retail Park Sold

Foinavon have sold Chippenham retail park for £11,234,000, which reflects a net initial yield of 5.82%.

The park is home to Wickes, Pets at Home and B&M and has a bulky goods consent with unit 3 benefitting from an additional food area. Rents vary between £14.00 and £19.72 per sq ft and the AWULT is 8.5 years. ESH acted for the vendor.