Beckenham: 145-151 High Street

March 2020
  • Let to Prezzo and two office tenants until 2026
  • Passing Rent: £97,105 per annum
  • Price: £1,500,000
  • Net Initial Yield: 6.1%

Fawcett Mead have recently acted on the sale of this retail investment in Beckenham on behalf of Kennedy Wilson.

The sale price of £1,500,000 reflects a net initial yield of 6.10%.

Nick Carvey commented: "Despite the historic CVA with Prezzo, we were very pleased to secure a strong price on behalf of our client. Both parties were delighted with the outcome."

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