Office

Princes Court, York Road, Leicester  

 

Price: £3,750,000 - Initial Yield:7.30%

Date: Q1 2012

Acting on behalf of a Private Syndicate we advised on the sale of this freehold office investment to Greenridge for £3.75m, reflecting a net initial yield of 7.30%.

The property comprises an office building with courtyard car parking built in early 1990’s totalling 23,178 sq ft. Let to The Secretary of State for the Environment for a further 14 years at a passing rent of £290,000 p.a. The occupier is the Crown Prosecution Service (CPS).

Contact

Jeff Ellis

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


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