Leisure investment purchased for private property company for £1.225m. The property was let as a play centre producing £155,500 pa with mainly 14.5 years to expiry and the purchase reflected a yield of 12%.
December 2019
Leisure investment purchased for private property company for £1.225m. The property was let as a play centre producing £155,500 pa with mainly 14.5 years to expiry and the purchase reflected a yield of 12%.
December 2019
Two industrial units purchased for private pension fund client for £522,250, reflecting a yield of 5.39%. The units comprised a total of 5420 sq ft and are producing £29,500 pa with good prospects for reversion from an immediate rent review.
May 2022