News Desk

Ilkley: Prime Shop Investment Acquired

In an 'off market' deal, Pudney Shuttleworth has advised a private client on the acquisition of this prime core retail investment at 26 The Grove, Ilkley which has recently been let to Phase Eight and Peter Jones on new leases, each for a ten year term.
The price paid was in the region of £1,400,000 and the property produces circa £75,000pa from the two lettings. The building has undergone substantial refrubishment with both Phase Eight (fronting The Grove) and Peter Jones (fronting Back Grove Road) undertaking a quality new shop fit in thier latest coroporate style.

Contact: Richard Fisk

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