-Let to Skipton Building Society on a recently renewed 10 year lease without breaks.
-Passing Rent: £77,500 per annum from 21 September 2021
-Net Initial Yield: 6.25%
Fawcett Mead is pleased to have successfully disposed of this attractive retail investment in Preston.
The property is let to Skipton Building Society on a recently renewed 10 year lease without breaks.
The purchase price of £1,170,000 reflects a net initial yield of 6.25%.
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