101 Terminus Road, Eastbourne
Price: £1,200,000 - Initial Yield:6.75%
Date: Q4 2012
Acting on behalf of OLIM Property we advised on the sale of this retail investment to Shell Pension Trust for £1.2m, reflecting a net initial yield of 6.75%.
The property comprises a single retail unit totalling 2,479 sq ft. Let to Thomas Cook for a further 5 years at a current rent passing of £87,975 p.a.
Contact
John Ellison
Tel:
020 7493 3330
Mob:
07889 437 236
jellison@lewisellis.co.uk
