662 Mansfield Road, Sherwood

Investment News

 

Fisher Hargreaves Proctor, acting on behalf of private clients, have sold 662 Mansfield Road, Sherwood, a freehold sales shop let to Nottinghamshire Hospice Limited for a term of 3 years from 24^th June 2005 at a rental of £11,500 pax.  The shop provides an area of approximately 740 ft² with first floor stores of 663 ft² used by Nottinghamshire Hospice as a charity shop.  The property was sold to a private investor in the sum of £180,000 representing a net initial yield of approximately 6.2%. 

Steve Gillott of Fisher Hargreaves Proctor acted for the vendors, the purchasers for themselves.  For further information, please contact Noel Roper or Steve Gillott at the Investment Team at Fisher Hargreaves Proctor, telephone:  0115 9507577.