FMX
Prezzo

Beckenham: 145-151 High Street

March 2020
Prezzo
  • 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."

Sign up for property alerts

Enter your name and email address below to subscribe to our property email alerts.