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Scottish retail park for sale

riverway-retail-parkRiverway Retail Park in Irvine, Scotland, is on the market for offers in excess of £25m – a 7.5% yield.

The retail park is being sold by Cushman & Wakefield on behalf of M&G.

Located south west of the North Ayrshire town, and adjacent to the Riverway Shopping Centre, the park comprises 137,930 sq ft of shops arranged around a parking area for 630 cars.

It is let to 12 tenants, including M&S Foodhall, Curry’s and Frankie & Benny’s, proving an annual income of around £1.76m.

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