Property News
Sitel rent review
Sampson Moore have agreed a rent review on behalf of Kindale Limited on an industrial unit at Timothy's Bridge Road, Stratford-upon-Avon at a rent of £154,000 pa, reflecting an increase of 23.2%.
Jan 2018
Bromsgrove purchase and letting
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
Regent Street letting
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
Leamington Spa purchase
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
Oxford rent review concluded
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
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