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Parc Trostre Retail Park, Llanelli
£40 million
- 160,000 sq ft retail park.
- Acquired on behalf of private family trust in March 2002 for £25 million.
- Active asset management strategy to improve value.
- Acquired freehold in October 2003 from Council to assist tenant mix strategy.
- Obtained outline planning consent for additional 60,000 sq ft of open A1 retail and 4,000 sq ft restaurant pre-let to Pizza Hut UK Limited.
- Agreed off market sale of freehold to Stadium Developments for £40 million.
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