Crossley Retail Park, Kidderminster

12 retail warehouse units totalling 204,649 square feet. The development benefits from the footfall generated by its town centre location. Active asset management is increasing the property’s value.

  • Crossley Retail Park comprises 12 modern specification retail warehouse units totalling 204, 649 square feet.
  • Serving a wide catchment, it’s Kidderminster’s only bulky goods scheme. Located adjacent to the main shopping area, it forms an integral part of the town’s retail offering.
  • With a weighted average lease term of 10 years, Crossley Retail Park benefits from a secure income stream and a mix of leading retail tenants including Currys PCWorld, Pets at Home, The Range, Smyths Toys, Halfords, Staples, SCS and Carpetright.
  • Planning consent was obtained for a new unit. This has now been built and let to Costa Coffee providing additional rental income as well as another amenity.

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Acquisition closed:

11/2013

Location:

52.391 North
2.256 West

 

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