20
Dec
H&M, Southend-on-Sea – Freehold Sale
Douglas Stevens & Company have been instructed by Canada Life to market the freehold of the H&M store in Southend-on-Sea. The property has been occupied by H&M for approximately 7 years at a current rental of £250,000 per annum. The asking price is £2.93 million reflecting a net initial yield of 8%, assuming acquisition costs at 6.11%.
For further information contact Nick Cook, telephone 020 7514 8215
