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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Vacant office building comprising 18,243 sq ft purchased for Loxton Developments Limited for £820,000. The property is to be fully refurbished with availability from summer 2023 with suites from 2500 sq ft.
March 2023
