M&H advises National Friendly on Sale

Mellersh & Harding have advised National Friendly on the sale of a modern business park office investment in Sunderland.  Comprising 19,750 sq ft and entirely let to RTC North Limited on a 10 year FR&I lease from March 2016, the freehold was sold to a private investment company.  The quoting price of £1.5 million reflected a net initial yield of just under 10%. 



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