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Investment interest of retail park sold

ACTING jointly for St Modwen with JLL, Prop-Search is delighted to confirm the sale of the investment interest of Wellingborough Retail Park on London Road in Wellingborough.

The scheme comprises some 35,200 square feet, including a Lidl supermarket of 22,500 square feet, a 4,000 square foot drive-thru McDonalds Restaurant and four 2,172 square feet retail units let to Starbucks, HSL & Subway – with the last unit under offer. The development has generated in excess of 100 new jobs.

Simon Toseland, a Director of Prop-Search, responsible for the initial vision and deliverance of the project said: “This development reused a redundant brownfield site through the expertise of the regeneration specialist St Modwen and delivered a fitting landmark development at the entrance to Wellingborough. It complements surrounding schemes including Castlefields Retail Park and the new LoknStore development at Victoria Retail Park; also initiated through our Wellingborough team.”

He added: “We are delighted that this project has now been successfully completed some five years after inception’.

For further information, contact Prop Search on 01933 223300 or visit the website www.prop-search.com

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