News
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Lichfield Retail Park sold for Swiss Life
Advised on the disposal of this retail park in Lichfield for Swiss Life at a price of £9.435 million, reflecting 8.25% NIY, with the buyer a French SCPI. The park is let to Halfords, Easy Bathrooms, Pets at Home, Jetts Fitness and Wickes.
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Dave scores a half century!
Happy 50th birthday to our Dave – started the day in style with a champagne breakfast!
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Park Place Retail appoints Ed George as Equity Partner
We are delighted to announce we have appointed Ed George as an Equity Partner in our investment team. Ed joins from Montagu Evans, where he spent 20 years, latterly leading the Retail Warehouse team and, from April 2025, heading the firm’s Commercial and Agency Department. He brings more than 30…
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Melford acquire Octagon Retail Park in Stoke-on-Trent
Park Place Retail have advised Melford Capital on the acquisition of Octagon Retail Park in Stoke-on-Trent for £22.4 million. The scheme extends to 137,899 sq ft and is occupied by NCF, Nick Scali, Sofology, Natuzzi, Oak Furnitureland, Wren Kitchens and DFS. The scheme, which is the dominant furniture pitch for…
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Investment sale of B&Q & Halfords in Bangor
Park Place Retail are marketing this freehold retail warehouse investment opportunity situated in the university town of Bangor on the north west coast of Wales, 60 miles west of Wrexham and 95 miles west of Manchester, connecting to the north of Wales and England by the A55/North Wales Expressway. This scheme…
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Investment sale of regional retail warehouse portfolio
Park Place Retail are marketing this regional retail warehouse portfolio comprising 3 properties. 2 x freehold properties and 1 x leasehold property (86 years unexpired), with a portfolio WAULT to lease expiry of 5.7 years (5.1 years to break), with a total net passing rent of £1,967,596 per annum, reflecting…
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Asset management completed at Southall scheme
On behalf of USS, we have completed 3 asset management deals at their Great Western Retail Park:- For further information, please contact:- James Potter07770 930 777james.potter@parkplaceretail.co.uk
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Markham Retail Park in Chesterfield acquired for Elstar
Acting on behalf of Elstar, Park Place Retail have bought Markham Retail Park in Chesterfield, let to ScS, Jollyes and Bensons for Beds, for a price reflecting around 9% NIY.
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Park Place Retail advised on acquisition of Banbury Cross Retail Park
Park Place Retal are delighted to have advised the buyer of the Banbury Cross Retail Park in Banbury. Having sourced this opportunity ‘off the market’, our clients have acquired a scheme extending to 180,000 sq ft, which is let to 19 national retailers and restaurants including DFS, Currys, Wren, Boots, Pets…
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Investment sale of retail warehouse portfolio adjoining B&Q stores
Park Place Retail are marketing this diverse 3 asset retail warehouse portfolio comprising Victoria Retail Park in Halifax, Armstrong Retail Park in Washington and Berse Road Retail Park in Wrexham. The portfolio has a WAULT to lease expiry of 6.3 years (5.7 years to break), a low average rental rate…
