Fawcett Mead are pleased to have advised Savills Investment Management on the disposal of the Bure Park convenience parade.
The convenience parade is let to Midcounties Co-Operative Limited with annual uplifts until 2037. The rent is subject to five-yearly rent reviews linked to RPI with a collar of 2.00% and a cap at 3.25% applied annually.
Graham Fawcett commented "The sale of this property went through incredibly quickly together with Swindon to a reliable and efficient purchaser. Both parties were delighted with the result."