TFI Investra acquire Go Outdoors & Lewis’s for £6.335 million

TFI Investra have acquired the freehold interest in Princes Gate Retail Park, Harlow, CM20 2SU, comprising Go Outdoors and Lewis’s, from clients of Aberdeen Asset Management for £6.335 million, reflecting a net initial yield of 6.97%.  The property comprises 39,996 sq ft, with 124 car parking spaces, and is let to Go Outdoors and Lewis’s at an average rent of £11.79 per sq ft, with an 11 year WAULT.

GL Hearn acted on behalf of the purchaser and the vendor was advised by Wilkinson Williams.