High Yielding Investment Sale

Phillips Sutton Associates advise on the disposal of a high yielding office and industrial investment in Leamington Spa on behalf of corporate clients.

Acting on behalf of The Cooperative Estates, Phillips Sutton have sold a 24,000 sq ft office and industrial building let to global pharmaceutical and medication delivery company Hospira UK LTD. The unit located on Queensway, Leamington Spa was let until August 2015 at a rent of £180,000.

The investment was purchased by private clients of Harris Lamb for £925,000 which reflected a NIY of 18.39%.

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