White Way Retail Park acquired on behalf of Wesleyan Assurance Society
Avison Young Retail has acquired White Way Retail Park in Biggleswade on behalf of Wesleyan Assurance Society.
The freehold interest in this prime South East retail warehouse park was acquired before the end of the year for £4.6m.
The 18,264 sq ft scheme is fully let to Pets at Home, Halfords and Bensons for Beds.
Jack Lloyd, associate in the retail investment department at Avison Young acted on behalf of Wesleyan, said “This acquisition provides a good example of the opportunities available to well informed investors to acquire prime retail warehouse assets from the larger property funds who are seeking to reduce their retail weighting.”