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Market Town Investment Sale

Client: Private Developer
MMX Retail advised on the sale of 53-57 The Street in Ashtead. The property occupies a prominent location on The Street, Ashtead and the upper floors consist of nine residential units.
Ashtead

The Brief

On behalf of a private developer, MMX Retail advised on the sale of 53-57 The Street in Ashtead. The property occupies a prominent location on The Street, Ashtead and the upper floors consist of nine residential units.

The property is let to Marks & Spencer on a 20-year term, which is reviewed every five years on an RPI basis.

Key Stats

£7,150,000
Price
£305,000
Rent
4.00%
Net Initial Yield

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