08/04/2024
Successful acquisition of Alston Retail Park in Keighley and The Pipeworks in Swadlincote.
Harvey Spack Field is pleased to have advised an Institutional Client on the successful acquisition of Alston Retail Park in Keighley and The Pipeworks in Swadlincote.
Alston Retail Park is located in a prominent and visible position at the roundabout junction of the A650 and the A6035 and comprises 7 retail warehouse units totalling 98,961 sq ft let to B&Q, Dunelm, Home Bargains, Carpetright, Fabb Furniture, Sue Ryder, CONNECTION FLOORING LIMITED and Guy’s and St Thomas’ NHS Foundation Trust.
The Pipeworks is prominently located in the centre of Swadlincote providing the dominant retail and leisure destination for the immediate area and comprises 93,443 sq ft across 14 units let to Home Bargains, Iceland Foods, Aldi UK, Jollyes-The Pet People Pets, JYSK, Starbucks, Snap Fitness 24/7, Sue Ryder, Costa Coffee, Subway, Prezzo and ODEON Cinemas Group. Both parks are fully let and benefit from positive trade profiles.
We remain acquisitive for similar stock on behalf of our clients, so for more information please contact a member of our Investment Team Ben Turquet Hassan Ciftdal Justin Houlihan Sophie France. Many thanks to Fraser Yarnold & Suzie Lisle who acted for the vendor.