Wilkinson Williams

Press Release

Aviva buy prime retail park in Torquay

Wren Retail Park in Torquay, which benefits from an open A1 non food planning consent, has been sold to Aviva Investors for £24.36 million reflecting a net initial yield of 5.5%. This prime scheme totals 47,968 sq ft (G.I.A) and is let to Boots, Carpetright, Mothercare and Next at rents between £30 -£34.50 per sq ft. Wilkinson Williams acted for the vendor, LaSalle Investment Managers.

For further information please contact Drew Moore

d.moore@wilkinsonwilliams.co.uk

Or alternatively please contact Ellie Kirkby

e.kirkby@wilkinsonwilliams.co.uk