Wigan Sainsbury's sold for £39.2m
13th July 2012
MARUS Properties has sold the freehold of the Sainsbury's supermarket at Marus Bridge retail park to a fund advised by PRUPIM for £39.2m.The supermarket underwent a recent extension in 2010 which saw an extra 15,000 sq ft of space added, bringing its total footprint to 56,000 sq ft. This included a new pizza counter as well as a clothing and hardware range. The sale price represents a net initial yield of 4.61%.Marus Properties is a specialist vehicle backed by a group of private investors including Minto Industrial Pro......for the full story register now for free or login below...
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