Lothbury Investment Management have sold their scheme, The Shires Retail Park in Leamington Spa. It was bought by Standard Life Investments, who own Leamington Spa Shopping Park, situated opposite. The Shires Retail Park is let to Currys PC World and Mothercare on rents reflecting £23.25 per sq ft. The park benefits from an open A1 non-food consent and an average income weighted unexpired term in excess of 6 years.
The park was sold for £12.65 million reflecting 5.12%.
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