1-3 Brook Drive, LondonPosted on January 31, 2017
In January 2017 Clay Street acted on this prime high street investment acquisition on behalf of CBREGi.
- Forms part of the £1.5 billion regeneration of Elephant and Castle
- Three units providing 2,131 sq ft of well configured retail accommodation
- Long leasehold interest
- Total income: £63,500 per annum
The property was acquired from Lendlease for £925k reflecting a NIY of 6.50%.