Danbury Court, Linford Wood, Milton Keynes
Price: £4,240,000 - Initial Yield:8.89%
Date: Q1 2013
Acting on behalf of Threadneedle we advised on the purchase of this industrial investment from Countrywide Assured for £4.24m, reflecting a net initial yield of 8.89%.
The property comprises an industrial estate of six units totalling 56,994 sq ft. The property was constructed in 2002 by Easter Developments. Multi let to 5 tenants with a weighted unexpired term of 4.6 years, at a total passing rent of £398,949 p.a.
Contact
Matthew Brown
Tel:
020 7493 3330
Mob:
07836 724 420
mbrown@lewisellis.co.uk
