Recent Investment Transactions
11C WATER LANE, WILMSLOW
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
LAKESIDE BUSINESS PARK, SOUTH CERNEY, CIRENCESTER
Multi-let industrial investment bought for property company client. Industrial terrace with vacant unit giving immediate reversionary potential.
Nov 2020
41-42 TEMPLE STREET, BIRMINGHAM
Birmingham city centre freehold offering refurbishment/redevelopment opportunity sold for private trust client in excess of the asking price of £1.4m.
October 2020
COPELAND STREET, DERBY
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
34-36 BENNETTS HILL & 38 WATERLOO ST, BIRMINGHAM
Prime office/retail property sold jointly with Knight Frank for family trust & property company clients for £3.275m, reflecting a yield of 5.79% initial. The property comprises 10,817 sq ft and is multi-let producing £210,910 pa.
October 2019
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