Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.



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.