LondonMetric sells freehold interest in Milton Keynes

London Metric, advised by ESH, sold their freehold interest in Westcroft Retail Park, Milton Keynes for £27.2million.

The park comprises of 75,620 sq ft of open A1 retail space in a single terrace and is situated immediately adjacent to Westcroft District Centre, which includes a 95,000 sq ft Morrisons. The retail park is occupied by Aldi, Boots, Jollyes, Poundstretcher, Poundland, B&M, McDonalds, Pizza Hut and KFC with rents ranging between £20 per sq ft and £28 per sq ft. The scheme offers a WAULT of almost 9 years