18th November 2018

Abbey Retail Park, Daventry

The property comprises approximately 65,257 sq. ft. of retail accommodation arranged over two terraces with a parade of local high street shops affixed to the rear of one of these terraces providing a natural link to the adjacent town centre.

Tenants at the park include national retailers such as Homebase, Pets at Home, Halfords and B&M.


Purchased in June 2015 by Ediston on behalf of the Ediston Property Investment Company for £11.9m, reflecting a net initial yield of 5.74%, this price reflected a two year rent, rates and service charge guarantee for two vacant units, which are now let.


  • The two vacant units were let to B&M Retail Limited, following the execution of a pro-active asset management initiative which involved negotiating two lease surrenders, a tenant relocation, a lease, an agreement for lease and a construction contract. B&M signed a 10 year lease over 17,610 sq.ft.