In April 2017 Clay Street acquired this strong regional retail park on behalf of Eskmuir.

• Cathedral Retail Park was acquired fully let to eight tenants including B&Q, Argos, Dunelm, Office Outlet and McDonalds.
• The park provides 112,605 sq ft (10,461 sq m) of retail warehouse space.
• The leases have 7.31 years left to expiry with 6.79 years left to break.
• Current passing rent of £1,753,250 pa reflecting an average rent or £15.58 per sq ft.

The asset was purchased from Royal London Asset Management for £19.425m reflecting a net initial yield of 8.46%.