Aberdeen Asset Management Sells Retail Investment In Bromsgrove

July 7, 2014

Aberdeen Asset Management, advised by Kitchen La Frenais Morgan, has sold a retail investment parade in Bromsgrove, Worcestershire for £850,000 reflecting a net initial yield is 8.78%

88-90 High Street is let to Clinton Cards until September 2017 at a passing rent of £50,000 pa subject to annual fixed uplifts. 92 High Street is let to Thomas Cook until September 2017 at a rent of £29,000 pa.

Kitchen La Frenais Morgan acted for Aberdeen. The private purchaser was unrepresented.

–          Ends –

Latest News

THE BOUTIQUE WORKPLACE COMPANY SIGNS PARTNERSHIP AGREEMENT WITH PRIVATE LANDLORD AND EXPANDS ITS NETWORK OUTSIDE LONDON

November 24, 2020 - 10:35

The Boutique Workplace Company is to open two new flexible workspace offerings in Kingston-upon-Thames and Wantage in south Oxfordshire after signing a partnership agreement with a private landlord. T[...]

+ Read More

PLANS FOR LEISURE WORLD REGENERATION SUBMITTED TO SOUTHAMPTON CITY COUNCIL

November 24, 2020 - 10:31

Sovereign Centros, the development manager for the proposed regeneration of Leisure World in Southampton, has submitted an outline planning application for one of the city’s most significant regener[...]

+ Read More

ARLINGTON EXPANDS OXFORD BUSINESS PARK OWNERSHIP WITH SPIRES HOUSE ACQUISITION

November 24, 2020 - 10:25

Arlington has continued to consolidate its ownership at Oxford Business Park by acquiring Spires House, a 49,421 sq ft multi-let office building from Harbert European Real Estate. Also known as Buildi[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR