Rishworth Centre and Railway Street sold by Aviva

Rishworth Centre and Railway Street sold by Aviva

Purchased originally as two separate ownerships, Aviva have sold the Rishworth Centre and Railway Street Retail Park in Dewsbury in a single transaction. New River REIT purchased for £14.275 million reflecting a net initial yield of 7.85%.

The scheme(s) are let to 7 retailers across over 90,000 sq ft including Matalan, Halfords, Poundstretcher, Next, Pets at Home, Clarks and Iceland with a WAULT to breaks of approximately 4.5 years.

The vendor, Aviva, was advised by ESH.