Mitre Retail Park, WolverhamptonPosted on March 20, 2013
- A secondary retail park comprising three bulky goods units providing a total of 46,747 sq ft.
- The property was fully let to three tenants with lease expiries 4.2 years from completion and off high rents averaging £9.99 per sq ft. Immediate re-gears were implementable with two of the three tenants.
- The property was purchased by STR Investments for £3,000,000 reflecting a net initial yield of 14.66%.