Purchased for fund manager clients in a sale and leaseback for £880,000, reflecting an initial yield of 10.74%.
The vendors, Metalrax Group plc, took a 15 year lease at £100,000 pa with annual RPI uplifts.
February 2011
Purchased for fund manager clients in a sale and leaseback for £880,000, reflecting an initial yield of 10.74%.
The vendors, Metalrax Group plc, took a 15 year lease at £100,000 pa with annual RPI uplifts.
February 2011
Sampson Moore have advised a private investor on the purchase of a prime shop in Gloucester for £930,000. The property is let to Waterstones until Jan 2030 at a rent of £175,000 pa due to reduce to £85,000 pa in Jan 2025 following a regear. May 2024