1/5 Spurriergate & 1/3 Ousegate, York

1/5 Spurriergate & 1/3 Ousegate, York

Transaction

Purchase - December 2009

Description

Modern, super-prime retail investment completed in 2005 comprising four retail units

Size

3,419 sq m (36,800 sq ft)

Tenure

Freehold

Tenancies

Let to Zara, H&M, Game, Phones 4 U and William Hill at a total rent of £1,543,200 per annum, subject to reviews in December 2010 and January 2011

Price

£30,036,000

Client

BP Investment Management Limited

Tim Hayne of the BP Pension Fund said: "This purchase was the culmination of a two year search for a prime modern retail investment block in a major City. These opportunities are very hard to come by"

Back to previous page


Case Studies:


HP Four
128 Wigmore Street,
London
W1U 3SA
T  +44 (0)20 3758 8260