• Further sale and leaseback deal

Sampson Moore have advised fund manager clients on a further sale and leaseback purchase from Metalrax Group plc at Sedgwick Road, Luton for a price of £880,000. The vendor took a 15 year leaseback at a rent of £100,000 pa , with annual RPI uplifts. The purchase reflected an initial yield of 10.73%.

February 2011

Recent Transactions

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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

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