St. Nicholas Retail Park Limited Partnership
• Investment Fund: Term 3/2004 to 3/2011
• 32 investors, equity £1.9m at launch.
• HBoS debt (fixed rate) £5.7m.
• Wickes 63% of income. Also, Farmfoods.
• Anticipated return of 11.5% per annum IRR (£1 to rise to £2.30).
• £1 worth £2.28 in 4/2007 – 23% per annum growth.
• Loan to value: 57% on 4/2007.
• Development potential. Planning permission being sought for further 10,000 trade units.
For further information please contact evolve
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