A Jersey based property company, advised by Gavin Duncan Associates, has bought 3 retail warehouses from Helical plc for £16 million. The properties are the B&M stores in Ellesmere Port and Stockport, together with a Currys PC World and Carpetright in Scarborough. The WAULT was around 6 years and the price reflected a NIY of 7.25 %. The vendor was represented by Wilkinson Williams.
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