Telephone: 0207 935 2831
Acquisition:
The Pavilion, One The Elephant, London
In June 2016 Clay Street acted on this prime high street investment acquisition on behalf of CBREGi.
- Secure income to Pret A Manger and Lendlease.
- Total accommodation: 6,372 sq ft (591.98 sq m).
- Long leasehold interest.
- New 10 year leases from May 2016.
- Total income: £268,000 per annum.
The property was acquired from Lendlease for £4.8m reflecting a NIY of 5.24%.