Westhill Shopping Centre, near Aberdeen, is now up for sale.
The space boasts 28 retail units and six office buildings and, perhaps most attractive to prospective buyers, has 100% occupancy rate.
It's tenants include Marks and Spencer, who account for more than a quarter of the site's £1.2m per-year income.
Estate and Letting agent Savills wrote in the brochure: "Westhill Shopping Centre has a population of approximately 30,700 within a 10-minute drive and 324,000 within a 20-minute drive, which includes Aberdeen city centre, Stonehaven and Portlethen.
"There is a diverse demographic base within Westhill, with a significant percentage in the more affluent subcategories of ‘prestige positions’ and ‘country living’, representing 21% and 12% of the population respectively."
It's unknown who is selling the development, though it is currently being managed by London-based company MAPP.
Savills added: “Westhill Shopping Centre benefits from a variety of units which provides the opportunity to take forward new tenant interest and existing occupiers currently in situ.
“There is also the ability to significantly enhance the income profile of Westhill Shopping Centre through development on the western side of the car park. There is great potential for a variety of options, which include enhancing the retail offering through the development of a retail warehouse or retail parade, introducing a drive through scheme or residential development.
“Planning has not been pursued for these proposals yet.”
FTSE 100
The UK's flagship share index, the FTSE100, was down 29-points at 7,372 shortly after opening this morning.
Meanwhile, Brent crude futures were up 0.79% at $80.17 a barrel this morning.
Companies reporting today
- 3i Group - Half year results
- Apax Global Alpha - Q3 results
- AstraZeneca - Q3 results
- Auto Trader - Half year results
- B&M - Half year results
- Domino's Pizza - Q3 trading statement
- Endeavour Mining - Q3 results
- Flutter Entertainment - Q3 trading statement
- IMI - Q3 interim management statement
- Indivior - Q3 results
- John Wood Group - Q3 trading statement
- Lancashire Holdings - Q3 trading statement
- National Grid - Half year results
- Tate & Lyle - Half year results
- Taylor Wimpey - Trading statement
- TBC Bank - Q3 results
- Urban Logistics REIT - Half year results
- Wizz Air - Half year results
- WH Smith - Full year results