Transaction | Purchase - December 2009 |
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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" |