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      Sale of freehold multi let office investment

      69 - 75 Thorpe Road, Norwich

      Client
      Citygate Developments

      Price
      £3m

      Net yield
      9.44%

      Services provided

      25,326 sq ft multi let office let to six tenants providing a total income of £301,447 per annum (£11.90per sq ft overall) with an AWULT of 5.12 years and 2.53 years to break. Tenants include Mott Macdonald and Certas Energy. Medium term potential for residential conversion and extension.

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