July 11, 2014
High Quality investment disposal in central Bath
Colston & Colston LLP are pleased to announce the sale of a centrally located, well let, mixed use investment in central Bath. The sale points to renewed optimism in the sector and demonstrates the importance of local knowledge.
Allan Lloyd commented, ‘we were approached by the owners to provide advice on likely achievable value and given our optimism, subsequently instructed to dispose of the freehold. We approached a core group of active investors, who had previously expressed an interest in acquiring investments of this type, and had solicitors instructed in under a week.’
The sale reflected approximately a 6% yield afters 5.8% purchasers costs.
For further information or for similar opportunities speak to one of the team at Colston & Colston on 01225 904704