BROMWICH HARDY SELL CEL HOUSE ON WESTWOOD BUSINESS PARK
Bromwich Hardy have recently acted on behalf of Fixed Charge Receivers, BNP Paribas , in the sale of the Long Leasehold Interest of CEL House, Westwood Way, Westwood Business Park, Coventry
The property is let to WSP Management Services Ltd for a further 2 years certain and the price achieved of £930,000 represents a net initial yield of 10%
The property , forming a 2 storey , brick built office building , is extremely well located on a major Coventry Business Park
Tom Bromwich comments
“ There remains a strong appetite amongst private investors for High Yielding, well located buildings. This transaction is a typical example of market sentiment at the moment”
18 January 2017