Edgerley Simpson Howe LLP

S - Skip to Page Content

Recent investment Transaction

VALAD sell Wickes in Nottingham - Dec '12

9th January 2013

On behalf of VALAD, Edgerley Simpson Howe have sold the freehold retail warehouse investment at Mansfield Road in Nottingham. The unit is currently let to Wickes whose lease expires in December 2019. The 23,564 sq ft unit was sold to Travis Perkins Properties Ltd at a purchase price of £3.89m reflecting an initial yield of 8.39%