Landsec hands Northampton retail park £31m price tag
10th February 2025 | Jack Oliver
Landsec has placed Nene Valley Retail Park in Northampton on the market with a price tag of £31,645,000.
Located approximately half a mile south west of Northampton city centre, Nene Valley is a purpose-built retail park providing 149,965 sq ft of retail warehousing space.
The scheme is fully let and is home to retailers including Currys, Dunelm, B&M, Wren Kitchens, Smyths Toys, NCF, Dreams, Tapi, Mattressman, and Carpets4Less. It has a weighted average unexpired lease term of 5.1 years to expiry.
The retail park generates a rental income of £2,592,979 per annum, reflecting an average rent of £17.29 per sq ft.
It is also supplemented by a 679-space car park.
Rosebury Real Estate has been appointed to market the asset.