Letchworth: Plinston Retail Park
The team at XPROP advised LaSalle Investment Management on the sale of Plinston Retail Park in Letchworth to clients of Mayfair Capital.
This Park has an Open A1 planning permission and a WAULT of 11.3 years. The tenants are Wickes, Halfords, Iceland, Pets At Home, Home Bargains and Burger King. The sale price was £14.95m (5.80% net initial).