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Warminster’s Three Horseshoes Walk sold for £9m

Warminster’s Three Horseshoes Walk shopping centre has been sold to property investment company NewRiver Retail in a deal worth £9 million.

The 60,000 sq ft site, which is home to Poundland, Iceland, Peacocks, Superdrug, Greggs and Costa was bought from Swallowtail.

The deal was part of a £180m, UK-wide shopping spree for the company.

Allan Lockhart, property director at NewRiver Retail said: “The summer period has been another exciting and highly active period for NewRiver.

“We are delighted to have made excellent progress in deploying our shareholders capital into low risk profile assets that will deliver attractive long-term returns.”

“Recycling of capital is an important objective of the Company and we are pleased to complete the sale of three assets that have delivered attractive returns through the completion of our active asset management programme.”