22nd June 2018

Prime Retail Warehouse Purchased by Ediston and Strathclyde PF Joint Venture

Clydebuilt LP have purchased 2 very prominent retail warehouse units in the destination location of Birkenshaw Trading Estate.  The purchase price was £3.235 million / 7.60% NIY.

The investment provides the Partnership with exposure to a destination location that is undergoing continual development with new modern retailers entering the market.  The Property is situated in the prime corner location, let to ScS and Sterling and possesses an opportunity to re-gear leases and grow rents.