Aldi Newton Le Willows

Our work - 24/01/2019

Aldi, Newton-le-Willows: forward commitment disposal on behalf of St Modwen

Forward commitment disposal sold for £5.605m.

Find out more
The team disposed of a forward commitment opportunity on behalf of St Modwen. A lease has been agreed with Aldi on a new build foodstore for a term of 20 years with no breaks and fixed rent reviews.

After a successful marketing campaign, the property was sold to Alpha Real Capital in May 2017 for £5.605m, reflecting a yield of 4.74%. 
 

Get in touch