Edgerley Simpson Howe LLP

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Recent investment Transaction

Valad completes sales of B&Q stores in Thetford & Sudbury and 99p store in Frome. - Jan '15

23rd January 2015

ESH advised Valad on their sale of the B&Q stores in Thetford and Sudbury and a 99p store in Frome. The properties were purchased by Triple Jersey Limited for £9,300,000 reflecting a blended net initial yield of 7.76%. All properties had approximately a 7 year unexpired term and a combined rental income of £763,884 per annum.