On behalf of clients, British Steel Pension Fund, Wilkinson Williams acted in the sale of their freehold interest in Tebay Retail Park, Bromborough. The property was acquired in December 2017 by Columbia Threadneedle Investments.
The property comprises 36,614 sq ft and is let to B&M and Magnet with a WAULT of circa 8.7 years.
The purchase price was £6.25 million, which reflects a net initial yield of 6.90%.
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