Martley Capital has completed the sale of a retail warehousing asset in Stafford, from its UK Value Add Fund, known as Series B.
Martley Capital completes the sale of The Range in Stafford
Martley Capital has completed the sale of a retail warehousing asset in Stafford, from its UK Value Add Fund, known as Series B.
The asset is situated on Greyfriars Retail Park and comprises a modern freestanding purpose-built retail warehouse unit of c.36,480 sq ft. The unit is let to CDS (Superstores International) Limited, trading as The Range, providing a strong covenant, with a WAULT to breaks of over 11.5 years.
In March 2026, the freehold interest was purchased by an institutional real estate investor at a price reflecting a net initial yield of 7.5%.
Jane Blore, Managing Director at Martley Capital said: “The sale to an institutional investor, highlights the continued strength and resilience of the retail warehouse subsector, particularly for well-located assets let on long leases to strong covenants. The pricing achieved reflects the quality of the asset and the income profile.”
TTG represented Martley Capital on the sell side and Birketts acted as legal advisors.
Martley Capital was launched in December 2023 and has over 40 staff, four offices across the UK and Europe and circa £1bn million in assets under management across 33 mandates.
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