CBRE Investors have completed the purchase of a countrywide high street portfolio. The total value of the portfolio was £8.58m which reflected an attractive blended initial yield of 7%.
The well let portfolio was made up of three 100% prime shops in Truro, two 100% prime shops in Bournemouth and one 90% prime shop in Portsmouth. Tenants included JD Sports, Thorntons, Vision Express and Schuh. The portfolio illustrates GCW’s outstanding understanding and knowledge of locations throughout the country as well as the ability to analyse properties on an individual basis.
GCW acted for CBRE Investors