Recent Investment Transactions
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
THE BEAVER CENTRE, WOODFORD HALSE, NR DAVENTRY
Multi-let industrial estate of 14 units purchased for property company client. The property offers good potential for refurbishment and rental increases.
January 2022
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