Deals Done
Alexander House, 85 Frampton Street, London, NW8 [30 November 2010]
On behalf of private clients, we have recently completed the purchase of a 15,500 sq ft office building for £5.2m reflecting a net initial yield of 9.35% after full purchasers costs. The property benefits from medium term income to an undoubted covenant, and has considerable scope for redevelopment to residential, subject to the usual consents.
