Recent Investment Transactions
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
UNIT D, TENTH AVENUE, DEESIDE INDUSTRIAL ESTATE
Industrial investment purchased for private property company client for £745,000, reflecting a yield of 6.37%. The property is let to Ice and Easy Ltd with a guarantee from Iceland Foods until May 2026.
January 2019
3 MOOR LANE, CROSBY
Retail investment let to AGE UK until Sept 2025 purchased for private pension fund client for £285,000 reflecting 7.89%.
Dec 2018
THE FOUNDRY, TELFORD
Office investment purchased for private property company for £1.9175m, reflecting a yield of 8.37%. The property comprises 15,800 sq ft and is let to Martin Kaye LLP solicitors for 10 years.
March 2018
TOPMARK HOUSE, WEDNESBURY
Industrial investment sold on behalf of Fletcher Estates Ltd to a private consortium for £1.625m, reflecting an initial yield of 7.88%. The property comprises 30,615 sq ft and is let to Quantum Print and Packaging at £136,000 pa until 03.12.2023.
January 2018
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