Sampson Moore have advised a private client on the £850,000 purchase of a retail investment at High Street, Chepstow. The property is let to The Factory Shop Limited for a further 14 years at a rent of £64,000. The purchase reflected a net initial yield of 7.1%.
Shrewsbury rent review
Rent review concluded.
Sampson Moore have concluded a rent review at 12 High Street Shrewsbury on behalf of the landlord. The new rent to be paid by tenant Essensuals from November 2008 is £40,000 pa.