Leasehold industrial investment purchased for property company clients for £975,000, yielding 12%. The property comprises 25,719 sq ft and is let to Sitel at £125,000 pa with a break in Jan 2017. Ground rent £2,000 pa.
January 2014
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Retail investment purchased for private pension fund for £372,500, reflecting an initial yield of 6.45% based on the topped up rent of £25,000 pa. The unit is let to Space NK Limited for another 4.75 years.
April 2021
