We are delighted to share that South Park Chambers is now sold to a private investor.
The investment provides a net income of £30,500 p.a and includes:
- lease of the survey to a dental practice, expiring 2030
- lease of the offices to accountants, expiring 2025.
- the flats are mainly sold on 125-year leases, with the ground rents amounting to £1,250 p.a
South Park Chambers investment was sold for £500,000 (equating to a net 5.8% yield) in May 2022.
We are always looking for more freeholds, as the market currently shows strong demand. If you have a freehold property that you may wish to sell, please get in touch with Philip on 01494 683 640 or email philip@pmcd.co.uk
For all our other availabilities, click HERE.