Westlake Retail Parade, Manchester has been sold to a private investor for £885,000, reflecting a NIY of 8.38%, long leasehold interest with 4 tenants with only five years term certain.
The 6,042 sq ft scheme was developed by Commercial Space Ltd, tenants included Domino’s, Subway and William Hill Bookmakers.
Rapleys and Allsops acted on behalf of Commercial Space Ltd on the investment sale.