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      Disposal of a mixed use multi-let investment with asset management potential

      Orchard Road, Royston
      Orchard Road, Royston



      Net yield

      The property comprised five buildings let to four tenants (including five A1 covenants with Kwik Fit (GB) Ltd and Johnson Matthey Plc making up 60% of the income) with a WAULT of 6.62 years to expiry and 3.59 years to break. The passing rent was £321,484 per annum, the total floor area was 38,785 sq ft, equating to a low average rent of £8.29 per sq ft.

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