Telford House, Salisbury - Trade Counter Purchase

Acting on behalf of a private property company, Mellersh and Harding have advised on the purchase of a Trade Counter and Warehouse Investment in Central Salisbury. 

Comprising 21,000 sq ft, the property is let to City Plumbing Supplies Holdings Limited on a recent 10-year FR&I lease at a rent of £90,000 per annum exclusive. 

The purchase price reflected a net initial yield of just under 7%. 

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