Units 3,5,7 & 15 Westgate

Acting on behalf of David Samuel Properties, MK2 has advised on the acquisition of a multi-let retail parade in Mansfield. Extending to 17,182 sq ft the property is let to MacDonalds, Cranshaws Butchers, First Choice and Savers Health and Beauty and produces a rent of £311,991 pa.

The purchase price was £2,250,000 reflecting an initial yield 13.10%. There are a significant number of asset management opportunities on this property going forward.