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Commercial Property

Retail park home to Lidl, Home Bargains and The Range sold for almost 拢28m

The site's other occupiers include Pure Gym, Subway and McDonald's

West One Retail Park, Greater Manchester

A Greater Manchester retail park occupied by the likes of Lidl, Home Bargains and The Range has been acquired for almost £28m.

West One Retail Park in Eccles has been sold by Frogmore to M7 for £27.5m.

The fully-let site features 13 'big box' units and is also occupied by McDonald’s, Subway, The Food Warehouse, Jollyes Petfood Superstores, Pure Gym and Smyths Toys.

READ MORE: Revenue passes £2bn at Matthew Moulding's THG but profit margins to miss market expectations

Frogmore purchased the retail park in April 2015 when it was 50% vacant.

Senior asset manager at Frogmore, John Matthews, said: "Having seen the opportunity to reposition West One from a fashion retail park to a discount retail park, we attracted big name retailers.

"Bringing in complimentary businesses, including Pure Gym, a dentist practice and a chiropractic service brought the park to full occupancy."