020 8445 3611
 Day and Bell acts for a number of Property Companies where asset management strategies are planned and delivered. One client company wishes to refocus from town centre retail to neighbourhood shopping centres. Acquisitions are in hand to gain further neighbourhood retail investments and a strategic disposal programme is underway to build funds for the purchases. The latest sale is the McDonald’s restaurant at 57/58 East Street, Taunton. This is two storey property, of 4,919 sq ft, in a prime retail pitch. Day and Bell were joint Auctioneers with Allsop’s Commercial July Sale. The hammer fell at £1,300,000, representing a gross investment yield of 8.24% on the current rental of £113,500pa. McDonald’s lease was relatively short term, and the client will be finding a great opportunity to reinvest the proceeds in the their chosen new sector. Day and Bell have an extensive management portfolio, which requires technical and market knowledge to achieve best results. Asset management requires skills, expertise, and confidence to make decisions that suits individual client’s needs. |
Contact Us |
|||||
| Read More Insights | ||||||
|
||||||