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Orchard Street purchase Snipe Retail Park for £61.8m

Lucion Group

Lucion Group

21st August, 2015

Snipe Retail Park, Ashton-under-Lyme has been sold by LaSalle Investment Management to Orchard Street for an off-market deal of £61.8m.

Delta-Simons supported Orchard Street as Environmental Advisors for their new acquisition, a 242,000ft2 park occupied by a total of 15 retailers including B&Q, Next, Argos, Currys and Dunelm.

Tom Chadwick, Investment Transactions Manager at Orchard Street, said: "Delta-Simons provided focused client support and a willingness to manage and take care of all issues to ensure that Orchard Street were able to complete this deal. Sound and robust technical advice comes as standard, alongside the commercial acumen we have come to expect from Delta-Simons".

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