116/118 & 120 High St, Ayr
Transaction: | Retail Investment acquisition | |
Date: | April 2001 | |
Client: | Ptarmigan Partnership | |
Price/Yield: | £2,100,000 / 7.14% (net initial) rising to 8.46% in June 2001 and reverting to 9.05% in March 2002. The net equivalent and true equivalent yields are 8.99% and 9.12% repectively | |
Description: | Two prime High Street retail units let to DSG Retail Ltd (t/a Dixons) and The Paige Group (sub-let to Salisburys) | |