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Avenue House, Southgate, Chichester

Sale by informal tender of a mixed use investment in central Chichester

Client: Private individual

Instruction: Agency

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To secure a fair price from a cash buyer on an unconditional basis - quite a challenge !

Outcome

We secured £1.25M - implying a 6.5% gross initial yield.

Value add

A very happy client as the sale completed soon after agreeing the heads of terms