Coventry's Central Six Retail Park sold in £16.4million deal - The Coventry Observer

17th Aug, 2022

Coventry's Central Six Retail Park sold in £16.4million deal

COVENTRY’S Central Six Retail Park now has new owners after AEW UK REIT bought the site in a £16.4million deal.

The site is next to Coventry Railway Station and the Friargate Regeneration area. The retail park provides 148,765sq ft of purpose-built retail space with parking for 635 cars.

Units are let to a number of household name retailers including TK Maxx, Next, Boots, Sports Direct, Burger King and Poundland.

Alex Short, AEW UK REIT’s portfolio manager, said the purchase would deliver an excellent initial yield and contribute to its shareholder returns.

“At present the retail warehouse sector is providing some interesting opportunities, often underpinned by alternative use value, and occupied by tenants that have shown resilience during the pandemic.”

He added the firm would be looking for further new sites it felt could deliver both strong income and capital performance.

Support community journalism by making a contribution.

The Coventry Observer's team of journalists provide a trusted source news, sport, entertainment and events going on in your area and issues which matter to you - both via our free weekly print edition and daily updates on our website.

Every contribution, however big or small, you can make will help us continue to do that now and in the future.

Thanks for reading this and the Coventry Observer.

Are you on Facebook?

Like or follow our Facebook page - to get daily news updates straight to your news feed.


Find a career you'll love with our free career finder website.


Receive a weekly update to your inbox by signing up to our weekly newsletter.

Book an Advert

Book your newspaper advert with our online advert creation tool.

Public Notices

View and download all of the public notices in the Coventry Observer.