Recent Investment Transactions
UNITS 1 & 2 MILLERS LANE, BURTON UPON TRENT
Two industrial units purchased for private pension fund client for £522,250, reflecting a yield of 5.39%. The units comprised a total of 5420 sq ft and are producing £29,500 pa with good prospects for reversion from an immediate rent review.
May 2022
40-42 COMMERCIAL STREET, HEREFORD
Three retail units purchased for private property company for £320,000, reflecting a yield of 10.5%. The property is let to three local tenants.
January 2022
THE BEAVER CENTRE, WOODFORD HALSE, NR DAVENTRY
Multi-let industrial estate of 14 units purchased for property company client. The property offers good potential for refurbishment and rental increases.
January 2022
43-45 HIGH STREET WEST, GLOSSOP
Retail investment let to Superdrug purchased for private property company for £425,000, reflecting an initial yield of 8%.
January 2022
1, 2 & 3 GENESIS PARK, NOTTINGHAM
Modern industrial investment purchased for private pension fund client for £850,000 reflecting a yield of 5.35% with good reversionary potential. The property is let until September 2025 at a rent of £48,000 pa.
October 2021
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