Recent Investment Transactions
SEDGEMOOR HOUSE, TAUNTON
Vacant office building comprising 18,243 sq ft purchased for Loxton Developments Limited for £820,000. The property is to be fully refurbished with availability from summer 2023 with suites from 2500 sq ft.
March 2023
LARKWHISTLE FARM OIL WELL, WINCHESTER
7.45 acre site used as operational oil well sold for property company for £1.25m. The property is let to IGas Energy Development Limited at £115,812 pa and the sale reflects a yield of 8.74%.
March 2023
41 HIGH STREET WEST, GLOSSOP
Retail unit adjacent to existing ownership purchased for property company for £195,000 yielding 8%. The property is let to Specsavers until Sept 2030 with break in March 2025.
November 2022
UNITS 1 & 2 MILLERS LANE, BURTON UPON TRENT
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
40-42 COMMERCIAL STREET, HEREFORD
Three retail units purchased for private property company for £320,000, reflecting a yield of 10.5%. The property is let to three local tenants.
January 2022
Page 2 of 10
