Prime Shop Investment Acquisition: Buxton, Derbyshire

Clients of Cooper Martin have sold a freehold shop investment at 45 Spring Gardens, Buxton, adjoining M&S, to Sheffield Mutual Friendly Society represented by Fifield Glyn and Hill Dickinson, for £282,500 reflecting 6.6% yield. 

 

The shop is let to Claire’s Accessories Ltd on a 10 year FRI Lease from 27 May 2003 with 5 year Rent Reviews at £19,500 pa.