• Year
    2018
  • Address
    820-832 Finchley Road, Temple Fortune, London
    44-48 High Street, Beckenham
    185 High Street, Rickmansworth
  • Price
    £27.75 million
  • Yield
    3.41% NIY
  • Sector
    Retail
  • Client
    Investment Fund
  • Type
    Acquisition

M&S Portfolio

Parkdales jointly acquired these three prime food stores, in London, Beckenham and Rickmansworth, on an off-market basis for a UK fund for a total consideration worth £27.75 million, blended NIY of 3.41%.

All the stores had circa nine years remaining on the lease with annual uplifts.

Disposal Contacts

Steve Orzel

+44 (0)20 7112 8571

Anthony Friedman

+44 (0)20 7112 8572