Disposal of Baildon Bridge Retail Park, Shipley

Circle Property Plc, advised by ESH, have disposed of Baildon Bridge Retail Park in Shipley, West Yorkshire. The scheme is let to B&M, Topps Tiles & Sue Ryder across 37,175 sq ft at a total annual rent roll of £382,002. The WAULT at the time of sale was approximately 6.5 years to breaks. The price achieved was £4.6 million, reflecting a net initial yield of 7.79%.