M&S Fernsown

Ferndown & Haslemere: M&S Portfolio

July 2021
M&S Fernsown
  • Portfolio of two M&S food stores in Ferndown and Haslemere
  • Price: £14,860,000
  • Net Initial Yield: 4.00%

Acting on behalf of LondonMetric, Fawcett Mead have sold the freehold interest in two foodstores let to Marks & Spencer PLC. Both properties offer index linked rent reviews and provide a WAULT of 15 years.

Jonathan Mills commented "We are pleased to have completed on this off market sale to a local authority purchaser, which demonstrates the continued appetite for foodstore investment opportunities, particularly those that offer some form of indexation.”

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