Deptford, SE8

The last 18 months has seen a considerable increase in the number of investment sales concluded by our team. Large or small, local or further afield; we had no trouble finding cash buyers for sensibly priced lots. We were initially instructed by St James (part of the Berkeley Group) to locate a tenant for a commercial unit in their One SE8 development at Deptford Bridge. Having secured a pre-let to Tesco Stores Ltd we set about disposing of the investment. Considerable interest was generated, and a sale ultimately concluded to a private pension fund. For the statisticians amongst you, the long leasehold interest was sold at a NIY of 5.6%.

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Posted By Acorn Commercial on 18th January, 2013

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