SWIP sell Wickes in Radford Road, Coventry

Scottish Widows Investment Partnership have sold a 33,500 sq ft retail warehousing unit let to Wickes Building Supplies Limited. The property was sold for £5.872m reflecting a net initial yield of 7.25%. The property is let to Wickes for a further 15 years.

Edgerley Simpson Howe acted for Scottish Widows Investment Partnership and Harvey Spack Field acted for CBRE Global Investors