19th November 2018

Plas Coch Retail Park, Wrexham

Plas Coch is the dominant retail warehouse park in Wrexham, comprising 94,245 sq. ft. of accommodation over six retail units and a standalone restaurant.

The park is let to DW Sports, DSG (Curry’s/PC World format), Sports Direct, TK Maxx, Boots, Pets at Home and City Centre Restaurants (Frankie & Benny’s).

The park adjoins a large Sainsbury’s food store, Aldi, Homebase and Argos.

PURCHASE

The park was acquired by Ediston in December 2015 for £22.45m, reflecting a net initial yield of 7.35%.

ACHIEVEMENTS

  • Pre-let to TK Maxx prior to purchase which opened in May 2016.
  • Obtained planning consent for a drive-thru coffee unit and secured Costa Coffee as tenant.  Construction commenced in January 2019 and completion is expected in the summer of 2019.
ARTICLE WRITTEN BY