Commercial Property Investment Sales and Regional Update
Christopher Thomas are pleased to have acted for a long standing client in the sale of 141 Peascod Street Windsor – more commonly known as “Snappy Snaps” During the various lockdown phases of the pandemic we sorted out a protected lease renewal with the tenant. At a sale price of £450,000 the rental return equates to a gross yield of circa 7%.
Elsewhere in the region we are pleased to report the sale of Elizabeth House London Road Staines circa 16,380 sq.ft. We assisted our client Circle Property plc in obtaining a planning consent for residential conversion plus an extension above the current roof line. The property is let to several office occupier tenants. We have carried out the marketing and lettings over the years and continue to do so. This sale adds to a few others we have recently sold for clients in Staines, Joshua House, London Road and 15/17 Church Street.
As local experts with decades of experience, we are always pleased to assist and advise clients in the complex issues related to the valuation, marketing, sale and acquisition of commercial property investments.