Asking Price
Area Size
NOI Net Operating Income
Cap Rate

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Year Built 2000
Building Area Gross
Rentable Area
Number of units 7
Occupancy 100.0 %

Property description

Wrexham Central Retail Park, a B&M and Dunelm anchored scheme situated within the largest town in North Wales. 

Investment highlights

  • Purpose-built retail warehouse scheme of 89,211 sq ft, with 310 car parking spaces (1:288 sq ft)
  • Large catchment population of 206,892 people within 20 minutes’ drive time from the property
  • Fully let to strong covenants including B&M, Dunelm, Pure Gym, ScS and Pizza Hut with a WAULT of 6.50 years to expiry and 5.20 to break
  • 56% of the income is derived from B&M and Dunelm who have recently demonstrated their commitment to the scheme through regearing and renewing their respective leases
  • Total passing rent of £825,148 per annum equating to an affordable average rent of £9.25 per sq ft
  • Freehold
  • The Welsh Government forecast a 10% growth in the County Borough’s population by 2039, the second largest growth rate in Wales
  • Prominently situated off Regent Street (A541) with Island Green Retail Park to the South East and Wrexham General Station to the North
  • Open A1 (non-food) planning permission
Last Updated Date: 17 May 2022

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Last Updated Date: 17 May 2022

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