10 November 2020
Acting on behalf of private clients, Goadsby Commercial have completed the disposal of 366 Ashley Road, Parkstone, a retail investment let to Scope.
The property is let on a new full repairing and insuring lease for a term of 10 years from 2016, thus expiring in June 2026. The current rental income is £22,000 per annum exclusive and the quoting price was £275,000.
Grant Cormack of Goadsby commented, “We were delighted to be able complete this investment sale, demonstrating that despite the challenging times, there is still good demand for commercial investments, particularly those that are priced up to £500,000”.
For confidential advice on all retail & investment property matters Grant Cormack can be contacted on 01202 550135 or email: grant.cormack@goadsby.com