Supermarket snapped up in £51.7m deal
A Morrisons supermarket at Hillsborough Barracks in Sheffield has been acquired by a real estate investment firm for £51.7m.
Supermarket Income REIT, the UK supermarket real estate investor, has acquired the 113,000 sq ft Morrisons from Opus North, reflecting a net initial yield of 4.9%.
The supermarket is located on an 8.4-acre site at the historic and prominent Hillsborough Barracks. It comprises a 113,000 sq ft Morrisons’ supermarket, approximately 860 parking spaces and a 12-pump petrol filling station.
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