It has been announced that Totton Retail Park in Southampton, which includes companies such as Lidl, Argos, Jollyes and Poundstretcher, has been sold for nearly £9 million.
The retail park which comprises four retail warehouses which totals 34,458 sq ft and has 135 parking spaces was sold to LondonMetric Property for £8.87 million via Savills, on behalf of VALAD.
In a statement by joint head of UK investment at Savills, James Gulliford said "Totton Park is an attractive income producing asset close to Southampton city centre and generated significant market interest. We are pleased with the strong sale price achieved for VALAD Europe."
