Recent Investment Transactions
WORCESTER ROAD INDUSTRIAL ESTATE, CHIPPING NORTON
Purchased for property company clients for a price of £1.925m reflecting an initial yield of 9.77%.
The estate comprises 38,785 sq ft producing £199,020 pa.
February 2011
SEDGWICK ROAD, LUTON
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
CROSSGATE ROAD, REDDITCH
Purchased for fund manager clients in a sale and leaseback for £970,000, reflecting an initial yield of 10.72%.
The vendors, Metalrax Group plc, took a 15 year lease at £110,000 pa with annual RPI uplifts.
December 2010
NORTHFIELD INDUSTRIAL ESTATE, MARKET DEEPING
Purchased for fund manager clients in a sale and leaseback for £850,000, reflecting an initial yield of 10.74%.
The vendors, Metalrax Group plc took a 15 year lease at £96,500 pa with annual RPI uplifts.
December 2010
18 HIGH STREET, CHEPSTOW
Retail investment purchased for private client for £850,000 reflecting a yield of 7.12%. The property is let to Original Factory Shop for a further 14 years.
March 2010
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