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Henry Boot sells Skegness Retail Park

Henry Boot Developments has sold its Skegness Retail Park in Lincolnshire for £5.15m.

The recently completed 44,500 sq ft (4,134 sq m) park produces a net rental income of £426,000 pa.

Occupiers of the site include Currys, Halfords and Focus Do It All.

The buyer is a private offshore fund.

A proposal is in hand for the development of an adjacent 2.3-acre (0.9ha) site.

EGi News 27/05/02

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