Acting on behalf of CBRE Global Investors, Fawcett Mead has sold the freehold interest in this prime bank investment for circa £1,800,000.
This followed a recent lease regear that Fawcett Mead acted on.
The property is let HSBC on a lease that expires on in October 2026, at a current passing rent of £150,000 per annum.
The purchase price reflected a NIY of circa 7.85%.
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