News

Halfords London Portfolio

Price: £12.85 million Type: Investment Sale Status: Completed

Square Metre Asset Management have sold three south London retail warehouse investments, each let to Halfords, for £12.85 million reflecting a net initial yield of 5.32%.

They are located in Croydon and Sutton and were purpose built for Halford’s occupation. The properties are freehold and are each let to Halford Limited (D&B 5A 1) for in excess of 4.5 years. They all have open A1 (non food) planning consents. The properties offer redevelopment opportunities for a mix of retail and residential uses.

For further information please contact hamish@stauntonwhiteman.co.uk or nick@stauntonwhiteman.co.uk

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