Monday, July 03, 2023
Strutt & Parker advise on Centrix House office sale for £2.02m
A private investor, advised by Strutt & Parker, has sold Centrix House, 5 Oxford Road, Newbury, to Argyle Ventures for £2.02m, reflecting a net initial yield of 7.48%.
The 10,336 sq ft office building is let to Centrix Networking for a further 3.75 years. The building currently generates an income of £160,000 per annum.
Tudor Toone acted for Argyle Ventures.
The 10,336 sq ft office building is let to Centrix Networking for a further 3.75 years. The building currently generates an income of £160,000 per annum.
Tudor Toone acted for Argyle Ventures.
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