Edgerley Simpson Howe LLP

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Recent investment Transaction

ESH sell Matalan in Luton - Dec '12

4th December 2012

Edgerley Simpson Howe acted for a client of Rockspring selling to Private clients of Jones Lang LaSalle. The Matalan on Castle Street in Luton transacted for £7.43 million which reflects an initial yield of 7.25%. The unit extends to 40,000 ft² and is let at £14 per ft² with circa. 15 years left of the lease.