2 Mar 2016
Three Retail Warehouse Investment Opportunities
Aston Rose is delighted to be marketing the Castle Portfolio. The portfolio comprises three modern retail warehouse properties (Bishop Auckland, Huddersfield and Whitchurch), providing a total of 81,294 sq ft. All the units are let to household names: Homesbase Limited (Wesfarmers), DFS Trading Ltd and DSG Retail Limited. All assets are Freehold and offer opportunities for active asset management. We are instructed to seek offers in excess of £15,760,000 (STC), reflecting a net initial yield of 7.4%, assuming usual purchase costs at 5.8%. Offers for the Portfolio, or the assets individually, will be considered. For more information and a copy of the full brochure, please contact Matt Hunter or Ken Morgan in the Investment Team – matthunter@astonrose.co.uk / kenmorgan@astonrose.co.uk.
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