Deal – 2nd February 2018
Alton Industrial Investment sale – Completed
Acting on behalf of Trenchard Aviation Limited, Curchod & Co are delighted to announce the sale of Units 1 & 2 Riverside, Omega Park, Alton to Clipstone Investment Management Limited.
Curchod & Co were instructed to provide advice on the potential for a subsidiary of Trenchard Aviation, Reheat International, to sell the freehold of their HQ in Alton, Hampshire and then take a leaseback.
Curchod & Co provided advice on the investment value and leaseback terms and were then appointed to market the opportunity to investors.
Following a comprehensive marketing campaign which resulted in a high level of enquiries Curchod & Co instigated a best bids situation which ultimately resulted in the sale of the property to Clipstone Investment Management at a net yield equivalent to 5.99%.
For further information about the transaction please contact Nick Reeve 01252 710822 nreeve@curchodandco.com
Surrey & Hampshire property specialists
Any time we start something new it is exciting and we are very motivated and committed. As time goes by, however, the burst of enthusiasm can wane as the reality of how much work is going to be involved kicks in. When you find yourself slacking a little and not being as enthused about the new change or goal you are working towards, that isn’t a sign to quit. It is a sign that it is time to re-commit.
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