Stanley Green Retail Park is located 9 miles south of Manchester and comprises 5 units totalling circa 91,500 sq ft organised in a linear terrace, which is anchored by a 45,000 sq ft B&Q. The park also includes Next, TK Maxx, Comet and Halfords.

The average unexpired leases were approximately 8 years at the date of purchase.

We purchased the property (which was marketed on a selective basis) on behalf of Henderson Global Investors (Herald Pan European Retail Fund) for £35,620,000 reflecting a net initial yield of 7%. Our client then sold the property for £47,000,000 within 12 months of purchase.