The 42,500 sq ft scheme – which is located on the main arterial road into and out of Clacton, adjacent to the Waterglade Retail Park – was let to national occupiers including Screwfix, Toolstation, Tapi Carpets, Starbucks and Greggs.

FMX's James Mead then secured the £10m funding deal for the Essex trade park with Elwood Fund Management, reflecting a net initial yield of 5%.  Our thanks go to TT&G Partners' Alastair Tyrrell who advised the purchaser.

To find out about further investment opportunities available across the UK’s strongest towns and cities, get in touch with the FMX team – James Mead, Graham Fawcett, Tom Heptonstall and Patrick Kilvington today.