Office

Watson House, London Road, Reigate 

 

Price: £19,700,000 - Initial Yield:7.20%

Date: Q4 2011

Acting on behalf of M&G Real Estate we advised on the acquisition of this freehold office investment from Aberdeen Asset Management for £19.7m, reflecting a net initial yield of 7.20%.

The property comprises a highly prominent headquarters office building arranged over 3 levels in two wings (Blocks A & B) situated either side of a central core providing a total net internal floor area of 74,269 sq ft. Let to Towers Watson Ltd for a further 9.75 years at a passing rent of £1.5m p.a. 

Contact

Jeff Ellis

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


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