Recent Investment Transactions

Two office buildings at Crosspoint Business Park providing a total of 35,600 sq ft purchased for Loxton Developments Limited for £2.95m.  Fletcher House is let to Power On until Feb 2030 and Fletcher House is let to Coventry Building Society until Feb 2025.  April 2024

Vacant office building comprising 18,243 sq ft purchased for Loxton Developments Limited for £820,000.  The property is to be fully refurbished with availability from summer 2023 with suites from 2500 sq ft.

March 2023

7.45 acre site used as operational oil well sold for property company for £1.25m.  The property is let to IGas Energy Development Limited at £115,812 pa and the sale reflects a yield of 8.74%.

March 2023

Retail unit adjacent to existing ownership purchased for property company for £195,000 yielding 8%.  The property is let to Specsavers until Sept 2030 with break in March 2025.

November 2022

Two industrial units purchased for private pension fund client for £522,250, reflecting a yield of 5.39%.  The units comprised a total of 5420 sq ft and are producing £29,500 pa with good prospects for reversion from an immediate rent review.

May 2022