Brockley SE4

Demand for commercial and mixed-use property investments is as strong as ever, which is hardly surprising given that the base rate remains at an all time low, whilst commercial and residential rents provide a steady income, particularly in the South East. We’ve sold a number of high profile investments in 2010; the latest coming in the form of Mantle Court, which was sold on behalf of a private client. This unbroken block effectively forms a local shopping parade adjacent to Brockley Station, and comprises 5 shops, with 10 flats above. Located in the heart of the Brockley Cross Regeneration Zone, Mantle Court was fully let at the point of sale, producing in excess of £132,000pa. With tenants including William Hill and Nisa Today’s, the property also has the benefit of a planning consent to construct an additional floor comprising a further 8 flats. Our national marketing campaign generated huge interest, and resulted in numerous offers from both corporate and private investors alike. An offer was accepted from a major private investment firm, who successfully completed their purchase at the end of May. We have several well-funded clients keen to acquire investments such as Mantle Court, and therefore we’d be delighted to hear from you if you have a similar property to sell.

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Posted By Acorn Commercial on 6th July, 2010

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