• Industrial sale and leaseback deal

Sampson Moore have advised fund manager clients on the purchase of two industrial properties at Northfield Industrial Estate, Market Deeping and Crossgate Road, Redditch for a total consideration of £1,820,000. The vendor was Metalrax Group plc, who took a 15 year leaseback at rents of £96,500 pa and £110,000 pa respectively, with annual RPI uplifts. The purchase reflected an initial yield of 10.73%.

December 2010

Recent Transactions

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Retail investment purchased for private pension fund for £372,500, reflecting an initial yield of 6.45% based on the topped up rent of £25,000 pa. The unit is let to Space NK Limited for another 4.75 years.

April 2021

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