George Yard Shopping Centre
Shopping centre in Braintree town centre comprising 33 retail units and 3 office suites. Anchored by a 24,570 sq ft Co-Operative and a Morrisons supermarket (outside the ownership). 93% let to national multiple covenants including WHSmith, Evans, Superdrug, Boots, Poundland, Claires and Dorothy Perkins. Let on 30 tenancies at a total gross rent of £1,293,842 per annum. Weighted average unexpired lease term to breaks is 3.6 years and 4.3 years to expiries.
The property was sold as part of the Principal Trust Portfolio.
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