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.