Recent Transactions
ONE CRANMORE DRIVE, SOLIHULL
Modern long L/H office investment purchased for Charlton Haynes Limited for £4.8m. The property comprises 38,400 sq ft producing a net rent of £450,962 pa from 5 tenants, giving a yield of 8.81% rising to a potential 10.2% after reviews and renewals. June 2018
THE FOUNDRY, TELFORD
Office investment purchased for private property company for £1.9175m, reflecting a yield of 8.37%. The property comprises 15,800 sq ft and is let to Martin Kaye LLP solicitors for 10 years.
March 2018
TOPMARK HOUSE, WEDNESBURY
Industrial investment sold on behalf of Fletcher Estates Ltd to a private consortium for £1.625m, reflecting an initial yield of 7.88%. The property comprises 30,615 sq ft and is let to Quantum Print and Packaging at £136,000 pa until 03.12.2023.
January 2018
71 HIGH STREET, BROMSGROVE
Prime retail investment purchased for private property company for £190,000 reflecting a yield of 9.78%.
March 2017
3 UNION STREET, SWANSEA
Well located retail investment purchased for Fortdene Ltd for £630,000, reflecting 9.38%. The property is let to Virgin Media at £62,500 pa until 31.08.2021.
March 2016
