Snow & Rock, Davidson Way, Rom Valley, Romford RM7 0AZ
Price: £3,500,000 - Initial Yield:5.25%
Date: Q3 2018
Acting on behalf of a Private Investor we advised on the purchase of this retail warehouse investment from Oxygen Asset Management for £3.5m, relfecting a net initial yield of 5.25%.
The property comprises a prime retail warehouse unit, completed in 2004 and totalling 8,500 sq ft (GIA) on a self-contained site. Let to Snow & Rock (Sports) Ltd with over 13 years unexpired, at a rent of £175,00 p.a. (£20.58 psf).
Contact
Julian Gallagher
Tel:
020 7493 3330
Mob:
07941 413 299
jgallagher@lewisellis.co.uk
