Property News

On behalf of a private property company, Sampson Moore  purchased a retail and office investment in March 2017 at 71 High Street, Bromsgrove for £190,000.  The ground floor tenant was due to vacate in June 2017, following which the shop was re-let at a higher rent so that the property now produces £19,600 pa rising to £22,000 pa by 2019.  The new ground floor tenant is Carter Esquire who will open shortly as a menswear boutique.

October 2017

Sampson Moore have secured the letting of the ground floor shop at 123 Regent Street, Leamington Spa. The shop has been let on a 3 year lease to Apex Textiles Ltd trading as Happyology Baby and Childrenswear. The rent is £28,000 pa.

November 2015

Sampson Moore have purchased an investment on behalf of property company clients comprising a retail unit with flat above at 123 Regent Street, Leamington Spa, for £428,500. The shop is vacant and is now available to let through Sampson Moore at £28,000 pa. The flat is let on an AST at £10,560 pa. The property lies close to the entrances to Royal Priors and Regent Court shopping centres.

August 2015

A rent review has been concluded by Sampson Moore on behalf of a private property company at 104 London Road, Headington, Oxford. The old rent was £22,000 pa and the new rent, which takes effect from February 2015, has been agreed on a stepped basis averaging £26,000 pa. The increase in rental value reflects the improvement in the location following the opening of Sainsburys and Tesco Express in the vicinity.

December 2014

Sampson Moore have negotiated a lease renewal at Unit 1, 3-5 The Bridge, Walsall on behalf of the landlord. Co-op Bank have taken a new 10 year lease from December 2014, subject to a break at 5 years, at a rental of £55,000 pa.

December 2014