CBRE Investors buys into prime Sheffield

November 2011

CB Richard Ellis Investors have purchased 20-30 Fargate, Sheffield for £10.25m which reflects an attractive net initial yield of 6.52%.

The parade was bought from Scottish Widows Investment Partnership and was made up of four 100% prime units let to Clintons, Game, Lush and Thorntons.  The purchase showed a significant discount to other similar well let prime high street investments around the country.

GCW acted for CBRE Investors.