Fully let northern retail park purchased by FPG

FPG, represented by ESH, have purchased the discount food anchored Crossley Retail Park in Halifax. The asset was sold by CBRE IM for a price of £9,350,000.

The scheme is fully let to Aldi, Home Bargains, Halfords, Pets at Home and Iceland at an average rent of £11.57 per sq ft, with a WAULT of 6.5 yrs to break and 7.11 years to expiry.