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Writer's pictureJulian

Solihull McDonalds acquired by private client of Fairlie Norbury

This 6,733sqft restaurant let for £180,000pa (rebased from £357,500) was acquired together with a newly fitted dental practice at first floor paying £25,000pa from a UK pension fund for £2,525,000 reflecting a net initial yield of 7.64% rising to 8.00% on letting of the 14 parking spaces.


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