Our work - 05/02/2019

71/81 High Street, Sutton: strategic High Street site

Acquisition on behalf of the local authority

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On behalf of the local authority, we purchased this strategic High Street site. The asset let to a range of multiple retailers provided good income for the purchaser and enabled them to secure an important town centre site. The asset was secured on an ‘off market’ basis from a retail fund with whom we have strong links. The value of the asset was £11m and the achieved yield 6.13%.

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