Acting for Glenstone Properties, jointly with Singer Vielle, Fawcett Mead has sold the freehold interest in this retail investment to a private investor. The property is let to Carphone Warehouse on a lease expiring in March 2026, with a tenant’s break option in March 2021, at a passing rent of £105,000 per annum.
The price paid was £750,000 which reflected a NIY of 13.28%.
Enter your email address to subscribe to our property email alerts.
Enter your name and email address below to subscribe to our property email alerts.
