AC Court, High Street, Thames Ditton
Price: £5,200,000 - Initial Yield:10.50%
Date: Q4 2011
Acting on behalf of Eskmuir Properties we advised on the sale of this freehold office investment to Threadneedle for £5.2m, reflecting a net initial yield of 10.50%.
The property comprises a courtyard development of seven self-contained office buildings, each arranged over ground and two upper floors offering flexible, open plan accommodation totalling 30,793 sq ft. Multi let to Surrey County Council, CSC Financial Solutions, SHL Group and Lombard North Central Plc, providing an average weighted unexpired term of approximately 3.16 years at a passing rent of £749,259 p.a.
Contact
Simon Lewis
Tel:
020 7493 3330
Mob:
07831 527 960
slewis@lewisellis.co.uk
Matthew Brown
Tel:
020 7493 3330
Mob:
07836 724 420
mbrown@lewisellis.co.uk
