Brookshire Capital In Investment Double

January 13, 2015

Brookshire Capital, the property company set up in 2010 by Neal Taylor and Alex Wildman, has completed nearly £5 million of investment disposals in Reading and Worthing.

In Reading it has sold the Mothercare store and hotel bedrooms above, at 14-16 King Street, to a private investor. The sale price of £3.1 million reflects a net initial yield of 6.86%.The majority of the income is from Mothercare until 2025. HSM and Fawcett Mead advised Brookshire Capital.

At the Timberlaine Trading Estate, Worthing, Brookshire has realised £1.75 million, a 7.75% net initial yield, by selling three units totalling 24,500 sq ft to Clipstone. The property is let to Teledyne Limited at a rent of £144,000pa on a lease expiring in 2024 with a tenant break option in 2019.HSM represented Clipstone with Stiles Harold Williams acting for Brookshire Capital.

Brookshire continues to seek new acquisitions in the industrial sector and has recently invested a further £10 million in 3 single let warehouses in the South East and Midlands at an average yield of 8.4% and an average weighted unexpired lease length of 9 years.

–       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