Helical Bar plc have purchased the freehold interest in the DSG and Carpetright units on Seamer Road, Scarborough, YO12 4HE for £5.56 million from Aberdeen Asset Management. The retail warehouse park totalled 28,970 sq ft, with 129 car parking spaces, and is let to the occupiers until March 2023 at an overall rent equating to £14.33 per sq ft. The purchase price gave a net initial yield of 7.0%.
The purchaser was represented by Wilkinson Williams.
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