This project constitutes a major enhancement for Brixton Town Centre, town centre users and investors to the Borough and we are very pleased that English Partnerships has made this scheme possible. Kenmore Investments Ltd have acquired a long leasehold investment interest in Exchequer House and Virginia House off Union Street, Aberdeen for £5.25m showing an initial yield of 8.5%. The ground floor comprises of a 40,000 sq ft retail unit let to What Every One Wants for a further 64 years and 23,430 sq ft of ottices which are partly let to Aberdeen City Council for a further 16 years.
The best heading is that how much conveyancing costs in adelaide ought to be totally maintained a strategic distance from if a property is not chosen, not a house, not sold things being what they are or not a freehold and in case you’re advancing at closeout and recall your Conveyancing association. There is an adjoining 426-space multi storey car park, let to NCP for a further 64 years as well as an office building let to The Clydesdale Bank until 2006 There is also a development site fronting onto Virginia Street, which may be suitable for a hotel.
We believe a yield of 12% is achievable once the vacant office accommodation is let and the rent review, due in 2002, is settled.
The council are keen to see the whole conservation area around the Maritime Museum upgraded and the recent planning application on the adjacent cinema site for a new multiplex cinema will underpin the location, We are exploring a number of leisure and hotel opportunities on part of the site.
We continue to seek out investment and development opportunities throughout the country and have recently acquired properties in Dundee and Bristol.
Stephen Watkins of Teesland said This property no longer fitted our long-term investment and development strategy, so we are pleased to have achieved its disposal.
Reading Chartered Surveyors Haslams, already the largest and longest established independent firm of Chartered Surveyors in Reading have expanded their compliment by 20% over the year, as well as their geographical areas of activity. consultant valuers to receivers, banks and other lenders; sport and recreational clubs; religious and charitable bodies; and alternative dispute resolution services.
Haslams have a newly installed, fully comprehensive computerised network vvith online access to computable databases and other databanks, designed to assist all partners and staff in co-ordinating their activities. This enables their wide range of clients to be provided with the very best of efficient and carefully considered advice and recommendations. The commercial, professional, and residential divisions have a staff level of 35 occupying refurbished offices in Friar Street, in the heart of Reading town centre – the capital of the Thames Valley.