London Clancy acting on behalf of a private Landlord has sold 16 Commercial Road Totton Hants SO40 3BY, a Freehold Investment fully let to Ladbrokes Betting and Gaming Limited.
Ladbrokes occupy on the basis of effectively an FRI lease expiring in 2026, with an earlier break. The current rent is £16,750 pa ex.
The price achieved equated to a yield of about 6.13% after allowing for costs.
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