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  • The Pavilion, One The Elephant, London

Acquisition:

The Pavilion, One The Elephant, London

Posted on June 8, 2016
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%.


 

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Clay Street is currently reporting on a number of sales for Q1 2019.

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