Mayfair Capital Property Unit Trust have bought the Wickes, Ashford, TN24 OSG for £6.965 million from Henderson Retail Park Fund. A lease extension to June 2026 at an increased rent of £15.50 per sq ft had been agreed prior with Wickes. The price reflected a net initial yield of 5.85%.
ESH acted for the purchaser and the vendor was advised by Wilkinson Williams.
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