SUPER PRICE FOR SUPERDRY IN CAMBRIDGE
HRH Retail have advised Royal London UK Real Estate Fund on the sale of a prime retail investment on Petty Cury, Cambridge to a private investor for a price of £5.15m, reflecting a net initial yield of 5.92%.
The unit at 30/31 Petty Cury is situated directly opposite the entrance to the Lion Yard shopping centre. It is let to Superdry on a 10-year lease with just under five years unexpired.
HRH Retail advised the vendor; the purchaser was represented by GCW.