BHT advise on Stockton on Tees Investment Acquisition

We have recently advised on the investment acquisition of 1 Massey Road, Teasdale Park, Stockton on Tees.

The property was substantially refurbished and let to accountants Tait Walker LLP on an unbroken 10 year lease with an uncapped RPI rent review at a passing rent of £50,000pa. 

The property was acquired for private clients at £500,000 representing a NIY of 9.55%.

We have capital to invest for similar transactions up to £4m.

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