A private investor has purchased the freehold of this city centre retail investment let to specialist jeweller, Justice of Winchester. The purchase price of £535,000 reflected an initial yield of 6.2% on the passing rent of £35,000 per annum exclusive. The lease is for a term of 20 years expiring in February 2034. Mellersh & Harding acted for the buyer and is now instructed to manage the premises.
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