Purchased for fund manager clients in a sale and leaseback for £970,000, reflecting an initial yield of 10.72%.
The vendors, Metalrax Group plc, took a 15 year lease at £110,000 pa with annual RPI uplifts.
December 2010
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Retail investment let to The Entertainer until Feb 2029 purchased for private company for £400,000, reflecting an intial yield of 13.2% reducing to 11.6% in 2026 until expiry.
Jan 2025
