B&Q acquired in Redditch
December 9th, 2009
Acting on behalf of Cordea Savills, BC Commercial have acquired a retail warehouse investment property in Redditch.
The property is single let to B&Q Plc off a rent equating to £12.60 psf, with approximately 18 years unexpired. The property was acquired for a price of £16.3M and 7.50% NIY.
Please contact Jonathan Mather for further information.