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B&Q acquired in Redditch

December 9th, 2009

Redditch - B&QActing 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.

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