Flagship House, Crossways, Dartford
Price: £5,750,000 - Initial Yield:8.60%
Date: Q4 2014
Acting on behalf of LaSalle Investment Management, we advised on the sale of this office investment to the tenant, Colorcon Ltd, for £5.75m, reflecting a net initial yield of 8.6%.
The property was developed in circa 1997 and offers a Grade A office property arranged over ground, first and second floors totalling 28,890 sq ft. Let in its entirety to Colorcon Ltd with 2.5 years remaining at a rent of £523,085 per annum.
Contact
John Ellison
Tel:
020 7493 3330
Mob:
07889 437 236
jellison@lewisellis.co.uk
Matthew Brown
Tel:
020 7493 3330
Mob:
07836 724 420
mbrown@lewisellis.co.uk
