Commercial Investment sale - 4 tenants - passing rent £47,870 pa - secured £615,000 - 7.8% initial yield before costs
Client: Private individual
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.
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%
Delivering client objectives