Rockspring Sells Waterlooville Retail Investment

February 13, 2012

Rockspring Property Investment Managers, on behalf of Retail Plus and advised by Kitchen La Frenais Morgan, has sold the freehold interest of 304-306 London Road, Waterlooville for £1.42 million, reflecting a net initial yield of 7%. 

The property is let to Poundland for a term of 10 years at a rent of £105,000 pa. 

Kitchen La Frenais Morgan acted on behalf of the vendors and Cluttons on behalf of the purchasers.

 –       Ends  –

Latest News

Redevco hires Jonathan Cole as Transaction Manager UK

August 8, 2022 - 10:27

Redevco, one of Europe’s largest privately-owned real estate investment managers*, hires Jonathan Cole in the role of Transaction Manager in the UK reporting to Tom Hoye. Jonathan starts today and w[...]

+ Read More

RAFT OF NEW RESTAURANTS ON THE MENU AT TOUCHWOOD SOLIHULL 10,000 sq ft of new restaurants opening, including The Real Greek

August 8, 2022 - 10:24

Touchwood shopping centre in Solihull has significantly expanded its dining offer with the opening of four new restaurants totalling nearly 10,000 sq ft of space. The four restaurants will generate a [...]

+ Read More

Melburg snap up 110,000 sq ft Bekaert HQ in off-market back to back

August 8, 2022 - 10:21

Melburg Capital (Melburg) announce the acquisition of the Bekaert manufacturing HQ, a 110,000 sq ft industrial asset located on Park House Road, Bradford in an off-market transaction. The asset was ac[...]

+ Read More



+44 (0)20 7647 4420


Wren House, Garden Close Lane, Newbury RG14 6PR