Dunelm Archives - Ediston

Trio of EPIC lease transactions

By | News
In a turbulent retail market, which is evolving in response to the changing needs of retailers, Ediston continues to do deals, completing one new letting and two lease extensions.  These deals take the number of deals completed in EPIC’s retail warehouse portfolio during the past 12 months to 21. At Clwyd Retail Park in Rhyl, anchor tenant B&Q committed to the park by signing a new 10-year lease, which will expire in 2029.  B&Q will continue to pay £508,644 per annum (£12.25 per sq. ft.). The second lease extension was at Barnsley East Retail Park.  Dunelm, who occupies 25,370 sq. ft. has also signed a new 10-year lease, at the passing rent of £213,600 per annum (£8.42 per sq. ft.).
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Barnsley East Retail Park, Barnsley

By | Projects
There are significant development opportunities to accommodate tenant demand on the property and there exists lease re-gears and asset management initiatives to complete. PURCHASE Barnsley East Retail Park was acquired by EPIC REIT from Stadium Group as part of a 4-property portfolio in December 2017, for a portfolio price reflecting approximately £144 million.
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