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Mixed use commercial investment - Petersfield

Commercial Investment sale - 4 tenants - passing rent £47,870 pa - secured £615,000 - 7.8% initial yield before costs

Client: Private individual

Instruction: Agency

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As the client was seeking a sale by the end of 2021, we recommend a joint sale with Acuitus, a premier London based auction house.

Outcome

The property was Lot 3 in the December 2021 auction. Sold - £615,000, 8% more than the guide. Passing rent £47,870 pa. Initial yield of 7.8%

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Delivering client objectives