Acting on behalf of a private investor, Mellersh &
Harding have concluded the sale of a substantial retail and office investment
in High Street, Sutton. Comprising 7,300
sq ft, the entire property was let to Royal Bank of Scotland PLC until 2020 at
a rent of £139,000 per annum exclusive. Having
sought offers in excess of £2.4 million for the freehold, the sale completed at
a yield of around 6%.
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