Asset class: Retail warehouses and high street retail
Size: 45,000 sq.ft.
Site area: 3.9 acres
Income per annum: £540,000
Cap Val: £123 per sq.ft.
Purchase price: £5.55m
Situated in Banbury town centre, the Calthorpe Centre comprises three adjoining retail warehouse units, two high street retail units and a large car park.
The retail warehouse units are let to the established covenants of Farmfoods, TK Maxx, and Poundstretcher. The car park provides approximately 278 spaces and is currently let to National Car Park (NCP). The site totals approximately 3.90 acres (1.58 hectares).