Puddler’s Corner, Consett
Advising Consett Property Partners LLP in respect of the investment acquisition of the Starbucks Drive Thru let for 15 years with fixed uplifts based upon 2.5% pa compounded with a purchase price reflecting a net initial yield of 7.75%.
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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%.