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Huntingdon office investment sold

Jan 17, 2011

Huntingdon office investment sold

BSM have arranged the sale of Unit 3 Ramsay Court, a semi-detached office building on Hinchingbrooke Business Park in Huntingdon. 

In 2010 BSM let the building to General Dynamics Ltd on a 3 year full repairing and insuring lease at a rental of £33,750 pa exclusive. The investment has now been sold to a private self-investing personal pension fund (SIPP) who paid a price reflecting a net initial yield of 10%.    

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