News Desk

Yarm Spar 'C' Store investmtent sold

Acting for Fixed Charge Receivers c/o PWC, Richard Fisk of Pudney Shuttleworth has sold the Spar retail unit in High Street Yarm to Private Clients of Woolhouse RE & The ES Group.
Located in a prime position in the affluent and sought after Georgian market town, the unit comprises a ground floor convenience retail unit with a separate residential flat above, all let to the Spar operator for another 14.5 years at a current passing rent of £68,250 per annum. The price achieved was around £1.25 million and reflected circa 5.25% net initial yield.

Contact: Richard Fisk

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