Blackrock Sells Hemel Hempstead Retail Park

December 3, 2014

Blackrock UK Property Fund, advised by ESH, has sold its London Road Retail Park in Hemel Hempstead to Knight Frank Investment Management for £15.2 million, reflecting a net initial yield of 5.61%.

The 36,263 sq ft retail park is let to Halfords, Staples, Pets At Home and McDonalds on leases expiring in 2022. The average rent is £25.75 per sq ft.

MacLaren & Partners advised Knight Frank Investors.

 

-Ends-

Latest News

Local Wholesale Butchers leases 20,000 sq ft unit in Newbury

July 1, 2025 - 10:42

Logicor, advised by Haslams LLP, has secured a letting at Kennetside Industrial Estate, Bone Lane, Newbury to Thatcham Butchers Ltd.  This is the second letting secured on the estate since Logicor bo[...]

+ Read More

Golf Simulation Company Full Swing Secures Showroom at Millars Business Park, Wokingham

June 16, 2025 - 11:07

IPIF, advised by Haslams LLP, has announced the letting at Millars Business Park, Fishponds Close, Wokingham to Full Swing EMEA Limited, a leading innovator in golf simulators and sports performance t[...]

+ Read More

GCW STRENGTHENS ITS OCCUPIER ADVISORY TEAM WITH NEW RECRUIT AND PROMOTES CHRIS KENEALY TO ASSOCIATE DIRECTOR

June 16, 2025 - 11:04

GCW has enhanced its client service offer with the appointment of Bobby Share as a surveyor in its occupier advisory division and the promotion of Chris Kenealy to Associate Director in its Owner team[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

25 Westwood Road, Newbury, Berkshire, Newbury, RG14 7TH