Wilkinson Williams

Press Release

The Junction sell open A1 retail park in Oxford

The Junction Retail Warehouse Fund have sold the freehold interest of the Templars Retail Park in Oxford for a price of £56.6 million. The retail park is occupied by B&Q, Halfords, Brantano, Comet, JJB Sports, Matalan and TK Maxx and benefits from an open non-food consent. Rents range between £16.25 per sq ft to £32.00 per sq ft. The purchase price reflected a net initial yield of approximately 5.6%.