Front Street Retail Park, Consett
Advising Project Genesis Ltd in respect of the pre-letting of an 841 sq m (9,050 sq ft) retail warehouse to Franks based upon a new 10-year FRI lease and the investment sale at a price reflecting a net initial yield of 8.9%.
Related Projects
Wellbar Central, Newcastle upon Tyne
Advising Global Radio in respect of the acquisition of their Newcastle office comprising 1,300 sq m (14,000 sq ft) Grade A accommodation, together with 8 car parking spaces on a new 10 year FRI lease.
Chester Street Northwich
Advising Consett Property Partners LLP in respect of the investment acquisition of a Kwik Fit unit let for 15 years at a purchase price reflecting a net initial yield of 6.53%.