TDB Real Estate have been instructed to sell a well secured prominent freehold convenience store let to Sainsbury’s totalling approximately 3,718 sq ft (345.41 sq m) located in an affluent north London surburb and busy thoroughfare. Offers in excess of £1,285,000 are sought for the freehold interest, which would represent a net initial yield of […]
Acting on behalf of Davidsons TDB Real Estate have negotiated the sale of 1.25 acres to Aldi for a new food store. About 40 permanent jobs will be created at the new store, as well as additional employment through construction and supply chain opportunities.
Local centre acquired on behalf of a developer. Asset management undertake over the whole of the scheme, including relocating tenants and redevelopment resulting in a letting of part of the scheme to Sainsbury’s on a new 15 year lease. The investment has been subsequently sold off market to a private equity fund.
Retail investment in Leamington Spa let to East on a new 10 year lease in the sought after market town of Leamington. Acquired for a private client for a price of £1.045m representing a net initial yield of 5.9%
Retail investment in St Leonards Road sold on behalf of an administrator to a private client for £360,000 representing a net initial yield of 8.1%
Acting for W Grose Ltd in conjunction with Mulberry Developments, TDB Real Estate have been involved in the sale of approx. 3 areas of land on this former car showroom site to Aldi. Approximately 2 acres of the site to the rear has planning permission for residential development, with significant interest being shown.