modern neighbourhood retail parade anchored by Spar.
Sale Price: £775,000
Net yield of 7.2%.
Fully let and producing a rental of £58,700pax.
The retail units were sold on behalf of Rowlinson Investments Limited to Investors based in the South of England.
Stuart Cooper, Director of Roger Hannah commented, “Quality property investments are in short supply at present, especially when they’re underpinned by a covenant such as Spar. This sale is testimony to the appetite of buyers who will tighten yields and not be constrained by location in order to acquire decent investment stock in the present climate.”
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