DONCASTLE HOUSE, DONCASTLE ROAD, BRACKNELL, BERKSHIRE RG12 8PE
Acting on behalf of McKay Securities PLC, we have advised them on the purchase of this 33,000 sq ft modern office investment. The purchase price of £2,705,000 reflected a freehold capital value of only £80 per sq ft and an initial yield of around 12.5% on the current income of £358,000 per annum exclusive. With 6,400 sq ft of vacant space, the building offered a reversionary yield of 16%.


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