Long Leasehold Investment at Crown Heights SOLD

Acting on behalf of The Basingstoke Property Company Limited, London Clancy have sold the above long leasehold ground floor unit within Crown Heights to a private investor.

Unit 3 is within Crown Heights, which is a modern development opposite Basingstoke’s mainline railway station and very close to Festival Place shopping centre.

The property of about 2,136 sq.ft. is let to Little Me Day Nurseries for 15 years from June 2015., at a rental of £19,000 pa ex. FRI.

The property sold for £215,000 which shows a yield equating to 8.5% after allowing for purchaser’s costs.

For further information please contact

Jim London
London Clancy
01256 462222
Jimlondon@londonclancy.co.uk

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