Office

Twyver House, Bruton Way, Gloucester 

 

Price: £9,650,000 - Initial Yield:7.00%

Date: Q1 2013

Acting on behalf of a Private Investor we advised on the sale of this office investment to Greenridge for £9.65m, reflecting a net initial yield of 7.0%.

The property comprises a highly prominent office building totalling 75,654 sq ft, arranged over ground and four upper floors. The entire property is let to The Secretary of State for the Environment for a term of 99 years expiring in September 2067, subject to a tenant’s break in September 2028, at a current passing rent of £705,000 p.a. The property is occupied by HM Land Registry.

Contact

Jeff Ellis

Tel: 020 7493 3330
Mob: 07775 582 719
jellis@lewisellis.co.uk


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